4 ms·
It's not because they repealed them that they don't work. It could also be a symptom of the current times in which wealthy people became extremely good at influ
by nerbert 5y ago
It's not because they repealed them that they don't work. It could also be a symptom of the current times in which wealthy people became extremely good at influencing politics to reinforce their position.
- motives 5y agoThis is a point worth emphasizing, a tax being repealed does not necessarily imply a lack of efficacy, due to the aforementioned reasons of political influence/corruption etc. Switzerland has done very well with a global wealth tax, arguably being the highest standard of living in Europe.