you are viewing a single comment's thread
view the rest of the comments
[–] 6 points 10 months ago (2 children)
  • it will cost us more to try to enforce it, than we will gain in revenue

That sounds to me like an assertion that has no basis in reality.

  • source
  • parent
  • hideshow 2 child comments
  • [–] 1 point 10 months ago* (1 child)

    That would most likely be because you are ignorant of when it has already literally happened in the past, in other nations.

    On multiple occasions in multiple countries, wealth taxes primarily aimed at the wealthiest demographic have been tried, and then repealed because overall tax revenue literally decreased as a result. There is a reason the vast majority of countries that have implemented such taxes have either since repealed them, or 'loosened' them such that they're no longer primarily aimed at said demographic, and have become a much more 'typical' tax that the middle class pays.

  • source
  • parent
  • hideshow 1 child comment