Estimating the economic impact of a wealth tax : Economics

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/*# sourceMappingURL=IdCard~SubredditWiki.21a689f576448a7d618a.css.map*/]]>level 2why wouldn’t the rich just start moving their money out of the country?That doesn’t stop a wealth tax. Move a million dollars to switzerland. You still have a million dollars of wealth and it gets taxed. To avoid the tax you have to renounce US citizenship, but then you get hit with the exit tax (this is already law, not fantasy).

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