{"id":4535,"date":"2010-08-26T11:34:39","date_gmt":"2010-08-26T16:34:39","guid":{"rendered":"http:\/\/ssgreenberg.name\/PoliticsBlog\/?p=4535"},"modified":"2010-08-26T11:35:56","modified_gmt":"2010-08-26T16:35:56","slug":"time-for-a-wealth-tax","status":"publish","type":"post","link":"https:\/\/ssgreenberg.name\/PoliticsBlog\/2010\/08\/26\/time-for-a-wealth-tax\/","title":{"rendered":"Time For A Wealth Tax?"},"content":{"rendered":"<p>Is it time for a wealth tax to help us get the idle resources of the rich back into the economy to stimulate consumer demand and job growth?<\/p>\n<p>There is a very interesting explanation of <a title=\"Explanation of Wealth Tax\" href=\"http:\/\/en.wikipedia.org\/wiki\/Wealth_tax\" target=\"_blank\"><strong>wealth taxes<\/strong><\/a> on WikiPedia.<\/p>\n<p>Of course there are negative aspects as well as positive ones on the idea of a wealth tax.\u00a0 We do need to be careful about putting too big a burden on the accumulation of wealth.\u00a0 After all there are some positive aspects for the economy as a whole in promoting some accumulation of wealth. Perhaps wealth under $100 Million ought to be exempt.<\/p>\n<p>As an example of such a tax, before 2007, Florida had an intangibles tax.<span style=\"font-family: Arial;\"> The <a title=\"Florida Intangible Personal Property Tax\" href=\"http:\/\/www.kulzick.com\/TB990118.htm\" target=\"_self\"><strong>Florida Intangible Personal Property tax<\/strong><\/a>. was a tax on many types of intangible personal property (such as  mutual funds, stocks, and accounts receivable). I must admit that as a retiree with assets that sit in tax deferred accounts and whose tax on income is deferred, such a tax kept me from considering becoming a resident of Florida.\u00a0 Of course they didn&#8217;t have a $100 million exemption, either.\u00a0 That surely would have covered me and then some.<br \/>\n<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Is it time for a wealth tax to help us get the idle resources of the rich back into the economy to stimulate consumer demand and job growth? There is a very interesting explanation of wealth taxes on WikiPedia. Of course there are negative aspects as well as positive ones on the idea of a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[166],"tags":[],"class_list":{"0":"post-4535","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-stevegsposts","7":"czr-hentry"},"_links":{"self":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/4535","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/comments?post=4535"}],"version-history":[{"count":2,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/4535\/revisions"}],"predecessor-version":[{"id":4537,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/4535\/revisions\/4537"}],"wp:attachment":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/media?parent=4535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/categories?post=4535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/tags?post=4535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}