Whatever anyone thinks about this policy proposal, most articles on this are really shallow, and e.g. don't mention: 1) That the French backed out of a similar

Whatever anyone thinks about this policy proposal, most articles on this are really shallow, and e.g. don't mention: 1) That the French backed out of a similar tax recently[1]. Not discussing another major economy's recent experiment with this (well, 75% not 70%) seems strange. 2) The lack of discussion about how those subject to this tax might restructure their assets to avoid it. If you earn more than $10 million/yr you can hire a team of accountants to restructure things for you, has anyone speculated as to how the tax code will stand up to that if only this single variable is changed? 1. https://www.theguardian.com/world/2014/dec/31/france-drops-75percent-supertax https://www.theguardian.com/world/2014/dec/31/france-drops-7...