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goobster  ·  1559 days ago  ·  link  ·    ·  parent  ·  post: Modeling a Wealth Tax

I think the definition of "make" is the practical problem here...

"I didn't MAKE that money this year! My stock value just increased!"

"I've never had a job! My daddy MADE the money and left it to me! I have no idea how all this works."

The rich dodge their increased value in all kinds of ways. As Creedence Clearwater Revival says,

    "But when the tax man comes to the door,

    "Ooh, the house looks like a rummage sale..."