[yunohn]

You’re right, I missed commenting on the Wealth tax.

However, it’s equally ineffective - there are multitudes of ways to avoid paying it, as the wealthy here continuously do. Further, the percentage itself is quite small:

- 0.58% for 30k-100k

- 1.34% till ~1MM

- 1.68% afterwards.

It is hilarious to me, that 30k is considered “wealth”. This means saving for your children’s studying expenses (rent, food, etc), would require exceeding 30k and paying taxes.

The wealthy are wealthy. It doesn’t seem to affect them at all. Instead, people like you and I have to think about the arbitrary amount of money the gov wants to extricate from our small savings.