At 2% it would hurt those who hold bonds at 3.9% (and below) and when there is a planned 2% inflation rate. (The economy is usually better for the working class when bonds average between 2-5% returns).
The 2% would be applied to households worth 100 million dollars or more, I’m pretty sure they could spare the change without much impact on their lifestyles.
At the very minimum, a 2% worldwide annual tax to prevent some tax evasion.
At 2% it would hurt those who hold bonds at 3.9% (and below) and when there is a planned 2% inflation rate. (The economy is usually better for the working class when bonds average between 2-5% returns).
But I agree that it should be global.
The 2% would be applied to households worth 100 million dollars or more, I’m pretty sure they could spare the change without much impact on their lifestyles.
Why not make it go, 1%, 2%,4%,8%,16%,32%,64% based on how much they had? Hurting the trillionaire and the centibillionaires the hardest