I like the idea of Zuckerberg tax

Reader comment on: The Zuckerberg Tax

Submitted by saurabh mota (India), Feb 22, 2012 07:05

I would go further and apply zuckerberg tax to everyone including property owners, equity owners, gold index owners etc.. etc.. On net worth (shares+property+salary i.e. all materialistic things) all individuals pay taxes. May be 5% of individual's net worth goes as taxes every year. So income tax is replaced by wealth tax and that's how it should be.

On bright side it will bring down the tax rate (from current 30%) for all individuals. Governments (democratic or otherwise) spend a lot of energy maintaining rights, in fact that's what society is all about. Hence a rich guy (1 billion $) worth has a lot of stake to be protected comapred to a 100$ guy and hence should be paying proportionately higher to the government.


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Title By Date
⇒ I like the idea of Zuckerberg tax [124 words]saurabh motaFeb 22, 2012 07:05
Perhaps a bit of a compromise [94 words]LyleFeb 9, 2012 00:31

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