When linking on Twitter to something you've written that could be controversial, give people as little to engage with in the tweet itself as possible. Then (a) they'll have to actually read at least some of it before responding, and (b) you don't give them much to quote-tweet.
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Replying to @paulg
Yep, the responses to the wealth tax tweet are a mess. Shame because it's an interesting topic. We have a wealth tax here in Switzerland (on the order of 0.01%).
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Replying to @AlexKenich9
From what I could find online, it looks like the rates vary per canton from .3% to 1%.
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Replying to @paulg
Yep! One too many zeros. For the vast majority of the population, it's low enough such that you need not even think about it. For successful business owners it's a different story.
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Replying to @AlexKenich9
I would expect this to affect where rich people lived, especially foreigners with no ties to any particular canton. Is there any correlation between the wealth tax rate in a canton and how many rich people live there?
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Replying to @paulg
Correct, and this is most obvious with cantons like Zug competing for wealthy foreigners with lower taxes. A common strategy is to officially be a resident of a low-tax canton, but work in a business center like Zurich. The property prices (even in rural Zug) reflect that.
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This means the de facto average wealth tax rate in Switzerland is lower than you'd get by doing the naive calculation. Is there an estimate of the overall rate? It should be easy to calculate.
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