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by soberpeach 1740 days ago
It depends how the wealth tax is implemented. European wealth taxes were primarily on capital like stocks, which are extremely easy to move, even easier than income.

A wealth tax on land (an LVT) is literally impossible to avoid however since you can't move the land.

1 comments

> A wealth tax on land (an LVT) is literally impossible to avoid however since you can't move the land.

Yeah, those are called property taxes and already exist.

Property taxes tax buildings as well, a Land Value Tax is purely a tax on the land and doesn't change whether you have a building on it or not.