For a wealth tax political
Repeals were about bad design
The taxes that were repealed had low thresholds, leaky exemptions and poor enforcement — the failures were of design, not of the underlying idea.
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Where it's been said
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The economist billionaires fear: this is how we get a wealth tax“But there are two ways to look at that experience. You can say, "Well, we've tried in the past. It didn't work. Hence, it will never work." End of story. We can”
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Why are the far right doing so well? And can they be stopped?“Okay, all right, fine. Wealth taxes have in some cases been designed badly. This is true. Work with me to design the wealth tax well, then.”