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Taxing the wealthy sounds easy. But what happens when we don’t actually know what they own or what it’s worth? In this fifth video in my series on wealth, I explore the complexity and ambiguity of wealth valuation and explain why taxing the income and gains from wealth might be the only serious route to taxing the rich more fairly.
By Richard MurphyTaxing the wealthy sounds easy. But what happens when we don’t actually know what they own or what it’s worth? In this fifth video in my series on wealth, I explore the complexity and ambiguity of wealth valuation and explain why taxing the income and gains from wealth might be the only serious route to taxing the rich more fairly.