> *the proposal from the left is a 2% wealth tax annually on wealth above €100 m... | Hacker News

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		JumpCrisscross 4 months ago \| parent \| context \| favorite \| on: 'Block Everything' protests sweep across France, s... > the proposal from the left is a 2% wealth tax annually on wealth above €100 million Would this actually cover France's deficit?

bwb 4 months ago [–]

No, it is estimated that would only raise 15 to 25 billion.

And people will just move, or move it around.

France already has a wealth tax on real estate + property taxes.

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