Warning: Some posts on this platform may contain adult material intended for mature audiences only. Viewer discretion is advised. By clicking ‘Continue’, you confirm that you are 18 years or older and consent to viewing explicit content.
I’m not arguing anything. I’m pointing out the fact that wealth taxes demonstrably don’t work–they cause an overall loss in tax revenue. That’s why all those countries have either repealed their wealth taxes, or changed them so that they’re no different than ‘normal’ taxes, and become primarily the burden of the middle class, not the wealthy.
I’m not arguing anything. I’m pointing out the fact that wealth taxes demonstrably don’t work–they cause an overall loss in tax revenue. That’s why all those countries have either repealed their wealth taxes, or changed them so that they’re no different than ‘normal’ taxes, and become primarily the burden of the middle class, not the wealthy.
https://taxfoundation.org/research/all/eu/wealth-tax-impact/