RT @gabriel_zucman@twitter.com
Is a 2% wealth tax a large tax?
Ask people with hundreds of million of dollars if they would put their money in a mutual fund that charged a 2% annual maintenance fee, and 20% on income.
Oh, wait. https://twitter.com/kpomerleau/status/1090631026232180737
🐦🔗: https://twitter.com/gabriel_zucman/status/1090758981457305600
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No. 2% is 2%. doesn't matter how many millions.
Should be more like 5% to 10%
And be available as low income grants to top up.
Making the curve a lot flatter.
