Interesting proposal. But not sure the state should run it. Better to give substantial tax exemption for each individual that receives dividends or owns shares, - maybe up to (Dollar, Euro) one million. And put tax on all other assets at much higher rate (in line with personal income tax rates, i.e. wealth pay proportionally more). As more people are subject to the maximum rate it could be lowered (30%?) and it would still generate sufficient revenues for the state. (3-Dec-2017)
A Simple Fix for Our Massive Inequality Problem - The New York Times
Earlier this month, the PCAOB announced that it had issued for public
comment a proposal regarding public reporting of standardized firm and
engagement met...
18 hours ago
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