Modeling a Wealth Tax
Perhaps notable: Switzerland has a wealth tax (of up to 0.3%), and there is zero evidence that this has any deterrent effect on wealthy people settling in Switzerland or startups being created in Switzerland.<p>Other features of the tax system more than offset the 0.3% wealth tax.<p>Personally, I am a bit disappointed by the lack of depth of the discourse: Wealth taxes and their effect have been studied quite a bit in economics literature, and there are various peer-reviewed papers that attempt to measure the effects, but the Silicon Valley crowd is strangely avoidant of examining evidence or explaining their opposition with real-world data. It&#x27;s all 101ism and polemics.<p>See also <a href="https:&#x2F;&#x2F;twitter.com&#x2F;halvarflake&#x2F;status&#x2F;1295283922117566464?s=20" rel="nofollow">https:&#x2F;&#x2F;twitter.com&#x2F;halvarflake&#x2F;status&#x2F;1295283922117566464?s...</a> - I tried to ask @rabois for the source of a claim, and got crickets in return.<p>I&#x27;d like to see a more nuanced and thorough discussion, to be honest. Perhaps that&#x27;s a bit much to ask.