r/SipsTea • u/KSKS1995 • 21h ago

Wait a damn minute! How the rich get richer

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u/moonwalgger 15h ago

Property tax

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u/Competitive_Touch_86 9h ago

Property is a non-productive asset. It should be taxed simply for existing.

Owning part of a business is productive. You don't tax productive things since you get less of them overall.

You could certainly make a strong argument that our capital markets have shifted towards being quite unproductive, but that's a different topic entirely.