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Billionaires should not exist.
(lemmy.world)
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this post was submitted on 15 Mar 2024
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Most state bonds are quite a bit lower than 4%, and even business bonds (I take bonds in some football clubs as a reference, because they tend to do quite prominent ads on them) only do 5-6%.
I just checked, the current assumed income on investments and assets in general is 6.17%. You pay a 35% tax on that income, so in effect a ~2% wealth tax per year.