General Discussion

....say $1 million when money moves anywhere would be probably more effective as the rich will just all have addresses in Dubai or wherever if we focus on them individually. But when they invest, cash in profits or just shift funds we skim a tad off the top. No deductions. Yes, there would have to be a rule that you don't get to break transactions down to a series of $999,999 moves to avoid the tax but that would be simple. And not just individuals-- the banks, corporations, the Fed, everyone.