zlacker

>>zuhaye+(OP)
It's always interesting to think about how someone somewhere is earning as much as you earn in a decade or lifetime in a single year. Also that you are that person for someone else.

>>giantg+46
What I find more interesting is this:

A sole proprietor landscaper making $45-50K a year in California is paying $675 a year in annual registration fees just to keep his newish pickup truck on the road. Why newish? Because the people he's servicing trust a guy with a nicer work vehicle than a beaten down 30 year old Tacoma.

A $900k developer with the same pickup is also paying $675 a year.

Extrapolate this seemingly trivial example across literally EVERYTHING in life.

>>Solven+Z9
I do not find that interesting. If the goal is wealth redistribution, then either a marginal income/wealth (property)/sales tax accomplishes that.

We do not have marginal sales tax rates because it is not feasible.

Marginal income tax is feasible, and so it does exist in most places.

Marginal property/wealth tax is somewhere in the middle, given the difficulties in valuing thinly traded assets, and the tremendous effort required to appraise them all the time, over and over.