Taxing wealth instead of work is touted as an important part of the solution to the wealth gap, but I’m curious which other solutions have been proposed or attempted and have succeeded or failed.
Taxing wealth instead of work is touted as an important part of the solution to the wealth gap, but I’m curious which other solutions have been proposed or attempted and have succeeded or failed.
A real, functional minimum wage across all jobs (close the loopholes around tips, piecemeal work, etc). Have it pegged to inflation so it stays a living wage.
Universal Basic Income would probably be a better option, I think. No conditions just money into your bank account regardless of who you are, where you live in the country, and what you’re doing. Pegging UBI to inflation would also make sense.
It would make a great addition to a wealth tax.