Is it normal to want a flat rate tax?

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  • donteatstuffoffthesidewalk
    1 year ago | pl

    banks pay about 20 bucks a month interest per 100k

    most uninteresting

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    • LloydAsher
      1 year ago | pl

      It's not nothing.

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      • donteatstuffoffthesidewalk
        1 year ago | pl

        it is nothin compared to a proper investment

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        • LloydAsher
          1 year ago | pl

          That's why it's called savings rather than investments.

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          • donteatstuffoffthesidewalk
            1 year ago | pl

            they should call it losings

            100k sittin in a bank for the last decade would be lucky to be 101k now and worth at least 30% less than it was at the start

            more like 75% less if you spent it on steak & lumber

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            • LloydAsher
              1 year ago | pl

              Fine you dont trust banks. Big hoopla. I'm just saying it as a counter point of it being concidered hoarding.

              At least it's in a system where it decreases in value less than just keeping it in a vault.

              Best case to keep money in is in real estate and land. But if you want money but not have it in a place that can devalue and thus lose the investment banks is how you go.

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