Oh wow, man, that is not going to fly.

I propose that people would be allowed to retain in cash a maximum of, say, the annualized amount of (12x) the monthly average of the last 12 mos. of income (so a ‘rolling average’) — with some accommodation for windfalls, such as an inheritance or the sale of property. In addition, they could accumulate in assets some multiple (10x?) of that maximum possible amount of cash (whether it had been reached or not)—based on the amount of money paid for the assets, not any changed value since then. One house as a primary residence could be exempted from being counted against that total of assets.
Two Possibilities for MMT
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Stephen Yearwood
Taminad Crittenden
·Follow
Apr 1, 2024
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Oh wow, man, that is not going to fly. You think it could be okay to legally prevent people from accumulating more than a certain amount of money/assets?
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Written by Taminad Crittenden658 Followers
·1.1K Following
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