Birdwatch Note Rating
2023-12-26 02:41:38 UTC - NOT_HELPFUL
Rated by Participant: 3FAEE56D37CF601346A7C076E3106B4B20BEE11C63DE1A2E27A7CE0FC4669B81
Participant Details
Original Note:
Wealth taxes often lead to tax evasion and capital flight, undermining their purpose. The decline in OECD countries using wealth taxes highlights implementation challenges, as they raise little revenue and are riddled with exemptions and implementation problems. https://www.cato.org/tax-budget-bulletin/taxing-wealth-capital-income https://www.oecd-ilibrary.org/taxation/the-role-and-design-of-net-wealth-taxes-in-the-oecd_9789264290303-en
All Note Details