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points by teroshan 1 day ago | 0 comments
> What makes me weary about any such tax is that in practice, it seems to target the broad middle class

If you're talking about the "Zucman tax" it explicitely targets the ultra-high-net-worth individuals because that's the population that manages to avoid income tax and thus pay a lower effective tax rate than the rest of the population.

source: https://gabriel-zucman.eu/files/report-g20.pdf

[–] rich_sasha 1 day ago
Yes that’s what I was referring to (I couldn’t remember his name).

Still my concern would be that the other Zuck would show he has no income and no assets, while a doctor or coder would end up paying extra tax on their retirement savings.

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