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If you want to upset the wealthy, institute a wealth tax (and redistribute as UBI). If you want to decrease asset prices, tax them (without loopholes) and see
by labawi 5y ago
If you want to upset the wealthy, institute a wealth tax (and redistribute as UBI).
If you want to decrease asset prices, tax them (without loopholes) and see their valuation drop real fast, or slow - depending on tax rate.
Just remember to equitably distribute a part of proceeds so you're helping, not hurting the poor.