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Let’s Set a Maximum Wage for the Rich | The Tyee
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this post was submitted on 26 Feb 2024
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To be fair, there are a number of countries that already have a wealth tax. So it wouldn't be some insurmountable concept.
Wealth that's just sitting there is hard to assess and therefore easy to game. What's the value of a piece of art? It's far more practical to tax transactions and realized gains, when money changes hands.