Simon Black’s weekly chronicle of the absurd. From Black at sovereignman.com:
Are you ready for this week’s absurdity? Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, risks to your prosperity… and on occasion, inspiring poetic justice.
Argentina Passes Wealth Tax in the Name of COVID Recovery
In response to COVID-19, Argentina implemented strict lockdowns which further destroyed its already struggling economy. And Argentina’s lockdowns did not achieve the government’s objective of slowing the spread of the disease.
Now, these brilliant politicians think they have found the solution to rebuild: a new wealth tax.
The government introduced a “one time” wealth tax which affects any Argentine with assets totalling $2.4 million or more.
These citizens will owe up to 3.5% of their total net worth to the government, and 5.25% of any wealth held outside of Argentina.
The government plans to use the money to pay for healthcare supplies, small business relief, scholarships, and some natural gas ventures.
They might as well also buy a billboard that says, “Do not bring your wealth to Argentina.”
Mask Nazis Volunteer to Patrol Pasadena Streets
COVID Brownshirts will be lurking the streets of Pasadena, California to catch people not wearing masks in public.