Gregory's Server> And then when wealth taxes are implemented they prove to work (…)
I meant that specifically, you made it sound like it has happened somewhere in the world? Genuinely no idea. I share the wishful thinking, if that’s what it is.
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2 comments
@hq1 @Leszek_Karlik @rysiek @wikiyu New York decided to increase taxes on the most wealthy, the only people leaving New York are the people that can't afford housing prices. "The report also found that affluent residents who left New York did not appear to have been driven away by recent tax increases." https://www.nytimes.com/2023/12/05/nyregion/nyc-working-class-tax-rich.html |
@hq1 90% top tax rate in the USA before 1964 or so. That's one of the things that helped end the Great Depression and create the post-war prosperity.
https://en.wikipedia.org/wiki/History_of_taxation_in_the_United_States#16th_Amendment
@Leszek_Karlik @wikiyu