The Wealth Tax Divide: Loopholes and the Elusive Ideal The recent letter from 100 British based millionaires to Andy Burnham, urging him to tax their wealth more, has sparked a lively debate about the feasibility of a wealth tax.
Many readers agree that taxing the super rich is a good idea, but they're clear that any proposal must be watertight, with no loopholes for the wealthy to exploit.
Independent readers have made it plain: before trusting a wealth tax to work, close the loopholes first.