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Comment by leugim

This is a shortcut for taxing unrealized gains.

They start with NW >100 million and start decreasing the concept of Ultra-Rich until everyone non-broke eventually pays it.

In Spain it happened with the Work Tax which from >60k EUR (68k USD) goes to 45% as if earning 3k EUR (3.4k USD) per month made you rich.

parent leugim 3 months ago

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