Comment by dnautics
9 years ago
You would force people to consume? There's diminishing returns to that. At some point there are fewer worthwhile things to spend on and you start creating an system of make-work with the attendant environmental destruction and resource exhaustion. Free markets are neutral on these questions, it's policy that distorts social preference away from conservation and towards unsustainable growth that exacerbate the situation we're in now.
How would I force them to do it?
They would still make money if they kept them it would just be less beneficial than it is now. No long term capital gains as an example.
People with little money consume everything they have already, they have no choice, no retirements no nothing.
> We should tax money that sits idle and provide tax benefits to money invested
>> You would force people to consume?
That's a complete misreading of the comment