I'm not sure inflation tax should be used as a tool to pressure people to promptly spend their wealth rather than accumulating it. But even if we agree with that premise -
Those who wish to avoid inflation tax already have access to stocks, bonds, gold, etc. Doesn't your argument apply equally to those assets? And yet, people regularly sell those assets as needed to cover their expenses.
Those who wish to avoid inflation tax already have access to stocks, bonds, gold, etc. Doesn't your argument apply equally to those assets? And yet, people regularly sell those assets as needed to cover their expenses.