Tag: public finance
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Wealth taxes don’t work and the data is clear
Wealth taxes sound elegant but have been repeatedly tried and repeatedly abandoned. The track record across Europe is unflattering and worth taking seriously.
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Wealth taxes do work and the data is clear
Wealth taxes are dismissed as unworkable, but recent research and updated implementations show they raise revenue and don’t trigger the exodus critics predict.
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Sales taxes are a tax on being poor
Sales taxes hit lower-income households hardest as a share of income. The regressive math of consumption taxes is well-documented and rarely contested.