nostr:npub1g0tuf634rz4suczwj7kgnecr6cyt0eu9xmp3sp0fku68mqehq4msp3tvm4 nostr:npub1ke2g8yhwxtxr68vj75974l2kwu4thlkusdsmcvcgr5schpa5atrqnxwvwj nostr:npub1geucmrwxym4px5cgmdatkda5njm54krqrduxqd4xmrwtw4v6w40sdy04sl I agree that a wealth tax would be slow to implement but the article doesn't even try to address the numerous ways the ultra wealthy avoid income tax. Without broader tax reform to plug the various loopholes an income based next no matter how well meaning taxes workers and many high paid workers are mobile, their skills are in demand internationally. The truly wealthy don't work and move their wealth outside of what is classed as income.
Discussion
nostr:npub1wm6vuwamzgq393tj6huhsz4hu9jcmacrczdfarylct5rjtcj5n7q9pfass nostr:npub1ke2g8yhwxtxr68vj75974l2kwu4thlkusdsmcvcgr5schpa5atrqnxwvwj nostr:npub1geucmrwxym4px5cgmdatkda5njm54krqrduxqd4xmrwtw4v6w40sdy04sl
Murphy has explored these issues elsewhere... have a look at his other writings - https://www.taxresearch.org.uk/Blog/