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Which is of course exactly why politicians are pushing the idea of a wealth tax so hard. You can't get the kind of money required to fund their projects just by
by makomk 7y ago
Which is of course exactly why politicians are pushing the idea of a wealth tax so hard. You can't get the kind of money required to fund their projects just by taxing the income of the rich. In order to come up with plausible-sounding figures and push their narrative that their proposals would totally be affordable if only we could make the evil wealthy pay up, they have to suggest converting a substantial proportion of the ultra-wealthy's total wealth into immediate, actual spending every year.