1 point
In the NL you do, there is a wealth tax. IDK how effective it is, but at least they are trying.
3 points
It’s effective in getting momey from the wealthier middle class. Like most of the tax related ruling and laws.
2 points
I think what limits its effectiveness is mostly that it’s only the NL doing it. If it was EU wide, or even US-wide, the world would change a lot.
Even if it’s not perfect now, I see that it is good that this tax exists for two reasons:
- At least it’s not taxing wages or consumption, which affect everyone but billionaires.
- It serves as a model for going in that direction, so neolibs can’t easily say there is no way to tax assets, or that taxing assets would crash the economy.
