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Polanski is talking nonsense about wealth taxes

Studies show recurring wealth taxes cause capital flight and reduce revenues, with 60,000 millionaires leaving France between 2000 and 2016, challenging claims they do not drive wealthy emigration.

Summary by Spectator UK
For all the rhetoric about 'justice', a wealth tax is less about fairness and more about theatre. It allows politicians to sound virtuous while avoiding the harder conversation about spending restraint and growth.

Bias Distribution

  • 50% of the sources lean Left, 50% of the sources lean Right
50% Right

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Spectator UK broke the news in London, United Kingdom on Tuesday, October 14, 2025.
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