RichardJMurphy, 
Pragmatic approaches to taxing income from wealth more can always raise more money than a wealth tax https://www.taxresearch.org.uk/Blog/2024/05/02/pragmatic-approaches-to-taxing-income-from-wealth-more-can-always-raise-more-money-than-a-wealth-tax/ Wealth taxes seem like a great idea to those who have never had to work out how to collect them. Those who have done so know they are a potential nightmare. That is why, pragmatically, we need to tax the income and gains derived from wealth a lot more before we ever think about taxing wealth. We’d get a lot more money that way.
