This point isn’t made anywhere near enough:
Our ability to recover Russian assets proves a wealth tax is possible when there is political will.
It’s obviously not the same thing, but the issue isn’t that there isn’t wealth, or that we don’t know where it is, or that we don’t know how to get it.
Our ability to recover Russian assets proves a wealth tax is possible when there is political will.
It’s obviously not the same thing, but the issue isn’t that there isn’t wealth, or that we don’t know where it is, or that we don’t know how to get it.
Reposted from
Tanya
Really shows how effective the state can be at recovering wealth when there is the political will to do so.
We’re often told it’s “impossible” to tax wealth, but the case of Russian assets proves that’s untrue. What we lack is the political will, not the wealth to tax nor the means to do it.
We’re often told it’s “impossible” to tax wealth, but the case of Russian assets proves that’s untrue. What we lack is the political will, not the wealth to tax nor the means to do it.
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