I'm still not sure how the subjective taxation of risk would work. Nor do I understand how it would be better than the objective taxation of success (i.e., income), especially when it comes to reducing corruption.
How can you pay your tax bill with capital? Do I give the government shares in my corporation? Or, am I forced to sell shares every year to pay the bill? What happens if the corporation is private, and there is no…
How does one tax capital?
I'm still not sure how the subjective taxation of risk would work. Nor do I understand how it would be better than the objective taxation of success (i.e., income), especially when it comes to reducing corruption.
How can you pay your tax bill with capital? Do I give the government shares in my corporation? Or, am I forced to sell shares every year to pay the bill? What happens if the corporation is private, and there is no…
How does one tax capital?