Wealth Tax: Expropriation of the Rich or Capitalist Smokescreen?
Wealth Tax: Expropriation of the Rich or Capitalist Smokescreen? As the bourgeoisie wracks its brains for solutions to this epochal crisis, the tax lever has become one of the main tools that left reformists believe will end capitalist aggression and bring substantial benefits to the depleted pockets of the proletariat. Part One A spectre is haunting Europe: the ‘Wealth Tax’ (known in Italy as the Patrimonial). This joke sums up what has now become a stock demand of so many of the "left", both inside and, above all, outside parliament and not just in Italy. By definition, a wealth tax is ...
Source: libcom.org