Do you have a reason for picking 1 billion USD/RMB/Francs/etc. as a wealth cap beyond vibes? China already taxes them, and I wouldn’t oppose them deciding to increase taxation. I also know that at the rate they are going, the very existence of capitalists and therefore billionaires is being eroded. What would changing the taxation rate do to qualitatively transform China into a country you would be satisfied with?
You’ve dodged most of my questions, I answered the important aspects of your question. Taxing capitalists at a higher rate would not qualitatively transform China’s economy. Do you have a reason for picking 1 billion USD/RMB/Francs/etc. as a wealth cap beyond vibes?Why is the taxation rate in China insufficient?"
You can convert the amount to RMB if that makes it easier to answer. You can even take 1/5th out of it too to make it a different amount. I’d just like to hear the answer to that question, since it is sorta important in understand your point
I already said I would not oppose China changing the taxation rate. I’m asking why you are fixating on an arbitrary level of wealth, and are now abandoning that goalpost in favor of the blanket point “China needs to tax at higher rates.” Do you know what China’s tax rates are? If they raised the tax rates 10%, is that enough to satisfy you? How would you know without knowing China’s tax rates?
My point is that your issues with China are arbitrary and constantly shifting.
I already did, I said I wouldn’t oppose China changing their taxation rate. My point is that your issues with China are arbitrary and constantly shifting. It’s you that won’t answer my questions.
Do you know if this strategy could work without billionaires?
Do you have a reason for picking 1 billion USD/RMB/Francs/etc. as a wealth cap beyond vibes? China already taxes them, and I wouldn’t oppose them deciding to increase taxation. I also know that at the rate they are going, the very existence of capitalists and therefore billionaires is being eroded. What would changing the taxation rate do to qualitatively transform China into a country you would be satisfied with?
I’m sorry but you didn’t answer my question
You’ve dodged most of my questions, I answered the important aspects of your question. Taxing capitalists at a higher rate would not qualitatively transform China’s economy. Do you have a reason for picking 1 billion USD/RMB/Francs/etc. as a wealth cap beyond vibes? Why is the taxation rate in China insufficient?"
You can convert the amount to RMB if that makes it easier to answer. You can even take 1/5th out of it too to make it a different amount. I’d just like to hear the answer to that question, since it is sorta important in understand your point
I already said I would not oppose China changing the taxation rate. I’m asking why you are fixating on an arbitrary level of wealth, and are now abandoning that goalpost in favor of the blanket point “China needs to tax at higher rates.” Do you know what China’s tax rates are? If they raised the tax rates 10%, is that enough to satisfy you? How would you know without knowing China’s tax rates?
My point is that your issues with China are arbitrary and constantly shifting.
You’re not going to answer my question, are you?
I already did, I said I wouldn’t oppose China changing their taxation rate. My point is that your issues with China are arbitrary and constantly shifting. It’s you that won’t answer my questions.
With the taxation rate do you mean taxing it so that billionaires wouldn’t exist? Would that allow the current Chinese strategy to still work?