Is There a Wealth Tax?

i think a wealth tax seems like it first wall. It creates all this this overhead in terms of the work that has to be done to enforce compliance with it. People who are just working hard for companies in lower level positions and in trying to put their kids through school pay 30 to forty in new york, you know. And w we like to demonize all wealthy people. If you're making half a million dollars a year as a lawyer, partner in a law firm in manhattan, you're probably paying an effective tax rate of 40 eight to 52 %. But if you own the law firm, and or if you've figured out a way to turn your gains to sell shares