California’s wealth tax plan won’t raise money and it shouldn’t be replicated
Christopher Snowdon writes for The Spectator
Mark Littlewood writes for the Daily Telegraph
Professor Philip Booth writes for CapX
Writing for CapX, Philip notes that while there are features of the UK and US tax systems which undoubtedly need fixing, “most countries which have had a wealth tax have abolished it in recent years, after finding it impossible to administer and/or finding that wealthy individuals simply moved to other jurisdictions.”
Read the full piece here.