61. Is it time for a wealth tax?
The Rest Is Money
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Understanding the Impact of Wealth Taxes and Cocoa Shortages
The chapter delves into the complexities of wealth taxes, exploring the reasons for the limited revenue generated by the wealth tax system and the debate surrounding its implementation. It also touches on inheritance tax and its effects on wealth distribution, along with discussions on tax perceptions and personal experiences. Additionally, the chapter examines the challenges facing cocoa production in West Africa, discussing factors such as bad weather, climate change, and government-controlled pricing impacting the global cocoa market.
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