How wealth taxes work in practice
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Unrealized Capital Gains Tax is a categorical evil.
While it is an excellent way to kick elderly retired people onto the streets, to kill them off, and lower the overall age of your population... It also helpfully only allows large megacorporations to operate, with the government's blessing. Corporate-assisted socialism... What was the word for the party with that philosophy again?
Oh right, the Fascist party. The word gets bandied about so much I almost forgot its original meaning! Literally Norway.