Economists raise alarm on California wealth tax — more than 100 sign letter against it

Summary
Similar wealth taxes have been adopted by about a dozen countries in the past few decades, and nearly all of them have been abandoned for a similar list of reasons.
Description from New York Post.
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Economists raise alarm on California wealth tax — more than 100 sign letter against it
Similar wealth taxes have been adopted by about a dozen countries in the past few decades, and nearly all of them have been abandoned for a similar list of reasons.
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