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The Netherlands has an asset tax, and it doesn't seem to have that much difficulty with it economically. I suspect your difficulties are overstated and it's rou
by nutjob2 7y ago
The Netherlands has an asset tax, and it doesn't seem to have that much difficulty with it economically. I suspect your difficulties are overstated and it's roughly no more bothersome than other forms of taxes.
- simonh 7y agoInteresting, it seems to only include fairly easily valued assets which can generate an income such as property and equity. Actually art works under such a scheme would be even more attractive as stores of value, not less, which could be seen as one of the market distortions I was talking about.