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TopicYR: Biden announces a 100% net worth tax on net worth over $133 billion
Balrog0
11/30/20 3:47:37 PM
#22:


Tyranthraxus posted...
Also who appraises the net worth? The US Government can't really just send IRS agents to Ireland to look at Trump's golf course.

this isn't the same proposal obviously but the most common wealth tax ideas come from Saez and Zucman, they recommend requiring banks to report assets to the government directly (bypassing issues with self-reporting)

that only partially answers your question

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