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bhupy
on Aug 18, 2020
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Modeling a Wealth Tax
I think the argument that you're making is that the existing estate taxes need to close foreign asset loopholes, but that's about it.
marcinzm
on Aug 18, 2020
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Then they'll find other loopholes as they have for centuries is my point. And the government has a vested interest in keeping those loopholes open for the truly wealthy since they're all friends and political donation buddies.
bhupy
on Aug 18, 2020
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Then the strongest argument against a wealth tax is simply: "they'll find loopholes".
It's circular and un-falsifiable.
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