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Features

Capital punishment: why wealth taxes don’t work

Why wealth taxes don’t work

30 January 2021

9:00 AM

30 January 2021

9:00 AM

No new year would be complete without the traditional Oxfam survey showing that a few of the richest people on the planet own more assets than the poorest 50 per cent of the world’s population combined. The figures change, but the gist is the same. January is usually a slow month, and it makes for startling headlines, intended to get us thinking about capitalism’s shortcomings.

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