"By removing so much capital from markets and reallocating it to the government, a wealth tax could lower growth and distort incentives."

BUT WHAT IF GROWTH IS NOT THE POINT, YOU "BLOOMBERG OPINION COLUMNIST" IDIOT!?

https://www.japantimes.co.jp/commentary/2026/01/12/world/wealth-taxes-dont-work/?utm_medium=social&utm_source=mastodon

#taxtherich #wealth #economy #capitalism