Search Results: make up or no make up

My state charges a tax on assets, like cars... I pay a tax every year. I don't like it, but it does fill up the treasury. As well, those whom have more... pay more.

A lot of wealth is held by a few... in corporations, cars, homes, etc.. That wealth could be redistributed and reinvested into public assets which benefit the public. Goal being reduced work hours, social benefit (medical) while maintaining wealth.

Example: Asset tax on Warren Buffet assuming his net worth is 1 Trillion at.1% = $1 billion. Adjust the tax amount as needed, you get the idea. That $ goes into building out robots and AI that replaces human work in corporations. The salary received by the robots/ai goes to public trust distributed for public good... idea being people don't work as much, have time for other things.

Somebody has to do a lot of math, you get the idea...

And yes, leasing would be considered holding an asset. Whether houses are taxed again.. id say no. But Major things, yes.

The problem of course is: Management. Can you really trust your govt to make good decisions. That's where it always falls apart...