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A comment on Media Owned by Wealthy Are Quick to Tell You Wealth Taxes Are a Bad Idea. Parent comment

Re:Media Owned by Wealthy Are Quick to Tell You Wealth Taxes... by dannykwells on Thursday October 22, 2020 @02:42PM (#24861700)
You stopped reading...and missed the whole point. The idea was, to say if a tax doesn't apply to someone you still need to do a deep valuation of their assets. Someone could hide 10M in a painting and live in a regular house, have regular "income".
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Re:Media Owned by Wealthy Are Quick to Tell You Wealth Taxes... by adverbly on Thursday October 22, 2020 @03:40PM (#24862480)
Different issue. What you are describing is tax fraud and is already possible in the current system.
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