Why Nostr? What is Njump?
2024-08-28 22:06:51
in reply to

paulo on Nostr: Hey James, I’m trying to understand both the dynamics and implications of such a ...

Hey James, I’m trying to understand both the dynamics and implications of such a move (wealth tax and/or unrealized capital gains).

Let’s say capital starts to leave the US, don’t you think lawmakers would enact strict capital controls to corral their tax base?

If so, would this be compatible with the US dollar position as global reserve currency?
Author Public Key
npub14qt30q0an6gwmcl2gnwu5hf6h7pgl68wm6c082asm5l9vdtzu87q0z9htj