CIRCLE WITH A DOT

@thermia @rperezrosario they have a PWA? I might have to start using that. I'd rather have PWAs than a million electron apps all running separate browser instances

@codinghorror @rpluim I don't know, I am not a financial auditor like those who should propose rules.

If we tax invidual wealth, they will simply make shell companies, if we tax companies' wealth too, companies will die or move, if we make an inheritance tax: they will make family companies (e.g. Family LLCs are a common tax dodging method in the US).

Honestly maybe something like Pepol in the EU is needed for individuals, but that opens up huge areas of abuse also by abusive governments.

@rpluim @codinghorror "oops, my income is all foreign and 'already taxed' " through the extremely common practices detailed in the Panama papers and subsequent scandals.

As long as countries allow foreign bank accounts to do whatever they want, nothing will change. The rich can borrow money against assets with unrealized gains at rates like the common person gets as a pitiful savings account interest. (Essentially zero)

The common person also has to pay taxes on unrealized gains (property tax)