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We don't tax wealth for nearly as heavily as income in this country, so that's not surprising. Really everyone over about 30 should have higher wealth than income, but most people spend money so fast they'll never accumulate any wealth.
That's also because the system refuses to teach people financial literacy. Financial literacy would make people more critical on government spending, which is a forbidden topic for the political left. Education, therefore, avoids discussions about financial literacy. But in fact, financial literacy is as important to teach as sexual education and math.
That's also because the system refuses to teach people financial literacy. Financial literacy would make people more critical on government spending, which is a forbidden topic for the political left. Education, therefore, avoids discussions about financial literacy. But in fact, financial literacy is as important to teach as sexual education and math.
Apparently, economics is a forbidden topic for the political right.
Government spending is not the same as personal spending.
That's also because the system refuses to teach people financial literacy. Financial literacy would make people more critical on government spending, which is a forbidden topic for the political left. Education, therefore, avoids discussions about financial literacy. But in fact, financial literacy is as important to teach as sexual education and math.
You're aware that the largest deficit was signed by Bush, right? It's not really a left/right thing. I vote left as they're about equally as disastrous for fiscal policy but not as inclined to ban yoga pants.
Estate taxes, except perhaps in the case of dynastic wealth, ...
Tax dynastic wealth with inflation. but remove the bearers to entry.
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