[zzzzzzzza]

if you can't disambiguate a capital gains tax from a "wealth tax", or spend 5 seconds googling the deadweight loss of various taxes, I got nothin to say man, a hacker news comment is not the place to explain these kinds of things.

We already assess property value. If you tax wealth people will try to hide it in ways they do not now. Deadweight losses of various taxes are well established facts. Capital gains taxes are lower than other taxes for a reason: capital is more sensitive to tax rates.

It's telling you haven't replied to my other comment...

[AnimalMuppet]

I never even mentioned capital gains taxes. I don't know what I said that you interpreted as me not knowing the difference between capital gains and wealth taxes, but I do in fact know the difference. I was actually talking about a wealth tax, not a capital gains tax.

I didn't reply to your other comment because I put the substance of what I would say to that in this subthread.

Speaking of substance... you're not giving much. You're claiming that your position is correct, but you're not backing it up with anything solid. "Once you do the research you'll agree with me" is not an argument, it's an excuse. You want to claim you're right and have everyone else agree, but you don't seem to want to actually defend your position.

I'm done with this discussion, so I'll leave you the last word.