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by econ
22 days ago
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Certainly, but it's about as useful as comparing the range of a radio with that of a car. We might also compare tax revenue. For the US 1% wealth tax (for the 0.1%) would generate 250ish billion while 1% income tax would also generate 250 b. Then say 50% worth of increased tax evasion. 2% wealth tax is equal to 1% income tax. |
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