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There are other reasons to oppose them like they historically bring in very little money, they're a pain in the ass to administer, capital flight. Some evidenc
by JamesBarney 6y ago
There are other reasons to oppose them like they historically bring in very little money, they're a pain in the ass to administer, capital flight. Some evidence for this are parts of Europe is abandoning their wealth taxes.
If you want to raise money or reduce inequality there are better ways to do it. Income tax, capital gains, inheritance, etc...
- jahaja 6y ago> Some evidence for this are parts of Europe is abandoning their wealth taxes. That's not evidence. We have right-wing parties in Europe too. They introduce right-wing policies when they have power, such as the above.
- JamesBarney 6y agoDo you think that successful policies are as likely to be rolled back as unsuccessful ones?
- jahaja 6y agoWhat kind of strange reasoning is that? Policies are enacted for multiple reasons, very often without any concrete evidence that it's better or worse.