I dunno, maybe they ought to GET liquid. Our savings rate is way too low. I would exempt primary residences anyway.How about the rich, the vast majority of their wealth is not liquid, its in ownership of their company, or property, or factories.
Probably much lower than that. Maybe down to 3 or 4%.Whats this wealth tax rate going to be? 10% maybe?
If it ain't trickling down, it must be trickling up. Which, of course, it has been for 40-some years now.The trickle down effect hasn't been dis proven. It is just the top are globalists and it is trickling elsewhere
What's in it for me if it is trickling down elsewhere?
As you know, but deliberately chose to lie about, I didn't say self-insurance was rent seeking behavior. That WOULD be silly. I said that using LANDOWNERSHIP to self-insure was rent seeking behavior. That statement, of course, is not silly at all but objectively correct, because in that case, the mechanism of self-insurance is a privilege of collecting rent.
<yawn> You again choose, consciously and deliberately, to lie about what I have plainly written, as I knew you inevitably would. You have become quite incontinent about it. I have not mentioned Georgism, and have told you many times that I neither call nor consider myself a Georgist. So you are just name-calling. As usual.That's the trouble with your old-hatted Georgism.
Another stupid lie from you.As soon as you are asked to talk specifics you put your foot in it
I merely know political economy and your one dimensional script. Perhaps you should widen your horizons? Actually make valid comment for the change!I have not mentioned Georgism, and have told you many times that I neither call nor consider myself a Georgist. So you are just name-calling. As usual.
LOL! You are the one who can't do better than obvious lies and fallacies.As I said, once you are forced to talk specifics you make all sorts of outrageous clams.
<yawn>I merely know political economy and your one dimensional script. Perhaps you should widen your horizons? Actually make valid comment for the change!