37. Should Billionaires Exist?
Shit You Don't Learn in School
Wealth Tax
There are a hundred, 96 countries around the world that have implemented a wealth tax. Bernard ernalt, the co of elvium, h he immediately when this wealth tax was implemented, looked for residency in belgium. Even though you think it'll drive a lot more revenue, what france actually found is that it likely drove around half the revenue from the ultra rich during that time period. It naturally also increases the incentive for people to lie about their assets or the income they're driving.
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