Birdwatch Note Rating
2023-12-26 06:42:31 UTC - NOT_HELPFUL
Rated by Participant: 96CB7D35842646C93E6F1C1D4E94F4CBBF7585F779891A6E32AF1C07119F06FD
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