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Luxury taxes would alleviate this problem to a large extent. Someone who bought a painting just to hide their wealth would eventually want to sell it (or their
by ralmidani 6y ago
Luxury taxes would alleviate this problem to a large extent. Someone who bought a painting just to hide their wealth would eventually want to sell it (or their heirs would). In the long run, society will get its share of the wealth in most cases.