In Reply to: Re: Wealth tax posted by russsmith on February 25, 2025 at 16:48:48
I don't believe we'll ever be able to actually pragmatically enact a wealth tax.
Just like we can't tax large corporations because like Apple, they are Irish not US companies.
Just like we can't tax someone like Romney because his compensation will go towards carried interest rather than ordinary income tax rates.
For the people a wealth tax is targeting, they can adapt faster than we can regulate.