3 ms·
In what context? Since you're talking about taxes, you're asking in the context of a country, but didn't specify which one nor did you tell us what this "Total
by Someone1234 3y ago
In what context? Since you're talking about taxes, you're asking in the context of a country, but didn't specify which one nor did you tell us what this "Total Wealth" is (e.g. all cash? Publically traded stock? Real estate? A whole private company? Art? An unmined mine?).
I'm not looking to defend the top 0.1% who are generally under-taxed. But we cannot discuss a complex topic but ignoring all the parts that make it complex. Plus "ultra wealthy" in e.g. California (USA) and Somalia are like E+ Vs. B+.