I like the idea of Zuckerberg taxReader 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. Note: Comments are moderated by the editor and are subject to editing. Other reader comments on this item
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