Modeling a Wealth Tax: http://paulgraham.com/wtax.html
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Replying to @paulg
There is no serious wealth tax proposal that I know of (please correct me if I'm wrong) that is not a marginal tax over a certain amount. It is misleading and a bit fear-mongering to write an essay that implies there is such a proposal out there.
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Replying to @saikatc
In the Netherlands the threshold appears to be only 30k euros. That's very close to not being a marginal tax. And that is not merely a proposal, but current law.
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Replying to @saikatc
No, this analysis applies equally to any country. I said so explicitly in the second to last sentence.
10:10 AM - 18 Aug 2020
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