The most notable critic of a Wealth Tax is Richard Murphy. In in an attack on this documentary this brainy man prays in aid the brainless TV critic Mangan becos she prays in aid Tax experts, having in mind Murphy himself


Murphy does not argue that a wealth tax would be unjust ;he argues that it would not work because it wsuld be hard to collect; it would be hard to collect because the billionairs couuld hide their wealth; the location of the wealth sis hard to identfy; the valuation the wealth would be very difficult; and legal claims to tu ensure that tax be paid would be hard to enforce.
(Murphy has proposed that other meaures such as taxing unearned income of the merely rich ithe same rate as their earned income, would raise lot of revenue)

These are serious claims and I am afraid Gary S did not do much to refute them. But then nobody tried refuted Stevensons central argument; that if the ballooning asset wealth of the top 1% is not curbed, the bottom 50% will fall deeper into hardhip.

gb