Would the Administrative Cost Exceed the Revenue?
France's tax authority spent close to 103 million euros running its wealth tax in 2016. Norway, Spain and Switzerland could give the Wealth Tax Commission no comparable figure at all.
Would a Wealth Tax Raise Meaningful Revenue?
So few people would pay it that the exercise is theatre, the objection goes. That deserves a number rather than a rebuttal. Twenty-two thousand people, and what the modelling says they would raise.
