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0 sats \ 2 replies \ @DEADBEEF 21 Oct \ on: France takes a step toward citizen-based taxation Politics_And_Law
That’s interesting. I had no idea the US had such a system.
The US has had such a system for awhile, but from what I can tell it was formalized in the 1960s (along with an exit tax).
Eritrea did this and also enacted an exit tax. The story I heard is that the Eritrean finance minister went to school with (or was otherwise friends with) Timothy Geithner, and established it based on conversations with him. I can't find evidence of this quickly, but it's what I heard years ago.
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Isn’t Eritrea 🇪🇷 a poor country?
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