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The problem with a wealth tax? There are not enough rich people

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It’s edifying to think that a wealth tax or a solidarity tax on the super-rich could raise revenue for investment in public services. But it won’t. A study by the Economic and Social Research Institute (ESRI) back in 2016 estimated that imposing a French-style wealth tax – applied to assets…

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Click here to read the full story: The Irish Times

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