(Don’t take this map too seriously, I found it on another social media, not an academic paper).
this post was submitted on 16 Jul 2025
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Data is Beautiful
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That’s bad math.
Is it though? What is wealth made up of?
Assets is one thing. So you inherit a castle that keeps increasing in value.
Tax wealth not work is a slogan in the UK right now from Gary Stephenson of Gary’s Economics.
That castle was built from corporate profits that almost certainly came in part from severely under-compensating employees.
Which are now long dead. So we tax the wealth that is the castles value.
I was referring to the castle metaphorically, as if it were any large purchase by a Sociopathic Oligarch. Substitute mansion or yacht for castle.
And we should tax all forms of revenues for the wealthy, including income, investment, capital gains, inheritance, etc.
And we should tax the shit out of churches.
Ah see I was talking like a King inheriting a castle.