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How Wealth Taxes Backfire

The European Conservative
October 18, 2024
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With several European countries looking to bolster their budgets by taxing the wealthy, Sven R. Larson considers the track record of wealth taxes on the Continent. As he writes in The European Conservative, such taxes are a “politically desperate lifeline for a fiscally desperate government” and more likely than not to have a detrimental effect on public coffers.

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