Should Net Worth Over $50 Million Face A New Tax
About this episode
The episode discusses the implications and mechanics of a wealth tax on individuals with over $50 million in assets.
Send us Fan Mail We tackle the loaded question of a wealth tax on people with more than $50 million in assets, then separate the moral argument from the messy mechanics. We weigh fairness and political power against valuation battles, liquidity crunches, and the reality of tax avoidance, then land on what would need to be true for it to work. • defining a wealth tax as an annual tax on net worth rather than income • why supporters see it as fairness and a check on concentrated po...
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