Yeah, it doesn’t take a god to understand that something we already know doesn’t work shouldn’t be attempted again.
There is a reason that the could of countries that still have wealth taxes (read: didn’t repeal them outright) changed them so that they’re no longer aimed at the wealthiest, and they’ve become just another tax primarily shouldered by the middle class, defeating the whole stated purpose of getting more tax revenue out of the ultra-wealthy.
a false point, that being a wealth tax doesn’t help just because it can be done poorly.
You say this as if what’s being proposed in the US is materially different from the previously-failed implementations around the world.
It isn’t. There has been no good answer to the question ‘how do we keep this from being the catastrophic failure it was elsewhere?’ from its proponents. They’re just doing the infamous definition of insanity, just try the exact same thing and expect a better result, because reasons.
All of your points involved putting words in my mouth, and evading the simple facts:
It’s been tried myriad times already, and has failed not only to increase tax revenue from the wealthiest, but also failed to increase the overall amount of tax revenue, period
You clearly have no historical knowledge of the above, nor of why they failed and were soon repealed by every nation that implemented it, or neutered completely out of their ostensible aim to target the ultra-wealthy, and becoming just another tax burden for the middle class
The above makes it extra clear that the ‘but it’ll work when we do it’ is a completely empty claim. If you can’t even articulate why it failed all those times before, how can you hope for a more successful attempt?
All you’ve done here is straw man me and accuse me of being condescending, while desperately evading the above.
Do you really think all those countries that implemented and then later repealed their wealth taxes, got rid of them because they were effective? Use your brain.
Yeah, it doesn’t take a god to understand that something we already know doesn’t work shouldn’t be attempted again.
There is a reason that the could of countries that still have wealth taxes (read: didn’t repeal them outright) changed them so that they’re no longer aimed at the wealthiest, and they’ve become just another tax primarily shouldered by the middle class, defeating the whole stated purpose of getting more tax revenue out of the ultra-wealthy.
You say this as if what’s being proposed in the US is materially different from the previously-failed implementations around the world.
It isn’t. There has been no good answer to the question ‘how do we keep this from being the catastrophic failure it was elsewhere?’ from its proponents. They’re just doing the infamous definition of insanity, just try the exact same thing and expect a better result, because reasons.
You didn’t address any of my points, more handwaved thrm away. You’re very silly.
All of your points involved putting words in my mouth, and evading the simple facts:
All you’ve done here is straw man me and accuse me of being condescending, while desperately evading the above.
Do you really think all those countries that implemented and then later repealed their wealth taxes, got rid of them because they were effective? Use your brain.