this post was submitted on 15 Jan 2026
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Let's take a practical example: please find a decent DDR5 offer. No way it could have gone up because virtual money bought it all, couldn't it?
If you don't understand the relation between taxes and their use, yeah: better ignore it, for your sake…
Keep repeating it's "nonsensical" doesn't make it nonsensical.
Wrong. France had a wealth tax for decades. It was repealed by current President Macron, who was propped by… a billionaire. A proposal for a ultra-wealth tax (proposal was above 100M$ of wealth) was proposed by an economist in France, and he got support from a bench of Nobel Prize of Economy recipients (among a large support from economy experts).
https://fred.stlouisfed.org/series/WFRBLTP1246
From 2020 to 2025 Q1 to Q1, from 12T$ to 22T$, that's the equivalent 12.9% per year. "inflation", sure…
It didn't fail. Billionaires managed to get rid of it. They use their virtual non-real money to acquire as much news medias they could, so that they could prop their guy all the way up.
Indeed, my bad! It's a world class winning https://www.healthdata.org/news-events/newsroom/news-releases/increases-us-life-expectancy-forecasted-stall-2050-poorer-health
https://www.future-ed.org/what-the-new-pisa-results-really-say-about-u-s-schools/
https://www.cbo.gov/interactive/2025-reconciliation-act
It's not my repetition that makes it nonsensical, it's the fact that assets are purchased with already-taxed money. Having to pay the government for the 'privilege' of continuing to own what you've purchased, in perpetuity, is nonsensical, full stop.
And this was the result (emphasis added):
And it's very telling that linking to speculation about some arbitrary future date is your response to being called out on your lies re the trends of life expectancy, educational attainment, and poverty. Your inability to own up to any of your falsehoods makes you pointless to continue engaging with. The statistics are crystal clear—your assertions are demonstrably bunk.
This reply serves only to directly contradict the most obvious additional falsehoods, for others who may read this exchange, before I move on.
Tell me you don't have a damn clue how very large wealth works without telling me you don't have a damn clue how very large wealth works.
Unfortunately for you, he never could never prove the relation between taxes and wealthy people leaving, making this an interesting paper, but not a consensus, even today.
In addition, this has mitigations: bind the tax to the citizenship (what the US is already doing for income), and/or apply a 5 years term before you have "escaped" the tax. Again, both considered manageable by economists.
Not sure if you in denial or bad faith. Doesn't matter.
Well, since it starts with you explaining you had no idea what you talked about the whole time, yes, it's preferable.