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How will countries raise money for corona virus aid ?
Tax the wealthy companies – impose a digital tax
Tax the wealthy – introduce a wealthy tax .. but the wealthy say something in public – yes tax us , we want to help out with the emergency but when there are budgets introduced in the local government votes , they pay a large sum to vote against it .. typical example – ceo of citadel – ken griffin – he paid close to 20 million us dollars to vote against the wealth tax bill in his state , Illinois
the governor of new york voted against the wealth tax because he thought that it would make the wealthy people leave the state
so , whose brains will be racked ?
unlimited free money from governments to people will have to be borne by someone …
since people seek comfort in vices like smoking and drinking during the loss of jobs / difficult times , it would result in an increase of these … maybe taxing them could be one additional source of revenue …
in the usa , they were planning to raise taxes on the wealthy in some of the states .. here is the link to the article – https://www.cnbc.com/2020/09/25/taxes-are-likely-to-go-up-for-the-wealthy-in-these-nine-states-.html