Comment by gist

> It's clear that politicians don't get this from the way they talk about a "mere 1%" wealth tax. None of them would speak of adding a "mere 20%" to the income tax rate, even though that's mathematically the same thing. [2]

I am fully against any wealth tax but 'Don't get this'?

Who says they don't get it. It doesn't serve their purpose so of course (like anyone selling) they are not going to disclose it.