We have a wealth tax on the middle class and upper middle class known as 'property taxes' and it has not been repealed. It's weird that taxing the politically connected super-wealthy has so many implementation issues.https://twitter.com/AndrewYang/status/1177907899105984514 …
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Isn't it ultimately a statement of values? If you believe that someone with over 50M should pay more and you make it the rule, it clearly communicates what kind of accumulation you find acceptable. It is ultimately super sad to move to a different country purely for tax reasons
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During the neoliberal era rich people have been hailed as "job creators", "innovators", "philanthropists", with the ultimate intent to make it sound like they are somehow better (and thus deserving of their place). A wealth tax seems to be refute to those notions
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"unless you’re Finland where people’s personal taxes are a matter of public record..." So... make billionaire tax returns a matter of public record.
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Property taxes, especially land taxes are not the same as chasing other forms of property around the world.
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