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42 sats \ 1 reply \ @Satosora 29 May \ on: China's real estate shock leaves visible skid marks econ
All of those ghost cities arent making money for them!
Cant tax ghosts!
Tax is by far the smallest source of income. Sucking people's money through inflation and crisis that reduce labour costs progressively to slave levels are the true pursuits. Taxation is more of a form of control.