Ruth Harris
Token Christian,retired bad-ass level tech support
Did you read the article for the image on the left? This was included in it:
The unintended consequences of what you propose are what worries me.Most of the European countries that had wealth taxes abandoned them after discovering they didn’t raise enough money to justify the administrative headache of assessing a bunch of hard-to-value assets, such as private companies and art. Or the economic distortions that resulted when wealthy people started trying to avoid the tax, for example, by investing elsewhere, or keeping their companies private.
Ruth