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Can we make the super-rich pay more tax?
The Inquiry
Is There a Consumption Tax?
If income tax is avoidable and wealth taxes are problematic, what's left? What about a tax on the things rich people tend to buy, like high value real estate and expensive art? In america, we don't have a consumption tax. Back in 19 90, there was a dozen oisti countries that levied annual wealth taxes. And now there are only four - columbia, norway, spain and switzerland. I think we'll get them. But there's a lot of appetite. Part four, no silver bullet.
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