> It's clear that politicians don't get this from the way they talk about a "mere 1%" wealth tax. None of them would speak of adding a "mere 20%" to the income

> It's clear that politicians don't get this from the way they talk about a "mere 1%" wealth tax. None of them would speak of adding a "mere 20%" to the income tax rate, even though that's mathematically the same thing. Classic PG dishonesty. It's not mathematically the same, because it affects different people. "What is the income tax equivalent" isnt a relevant question unless your either stupid or desingenuous.