Local wealth tax works to some extent, but some will dodge as long as this is not universal.
But universal is what we need as humanity.
The will seems to be building up, even in the UK (Polanski) and US (Mamdani, AOC, Sanders).
I'm betting that the success will be replicated in other countries soon and after that its only a matter of time for this to go global.
But this will be interesting show.
It's already present in Norway. Here's a report on how well it's working [0]
[0]: https://www.brusselsreport.eu/2024/09/11/the-failure-of-norw...
IMHO "this seems to be building up" in the US is a bit of an overstatement.
Mandami, AOC, and Sanders are the laughing stock of much of the electorate in the US. They are fairly popular in progressive population centers but not elsewhere. There have been activists promoting much the same ideas for my entire life (and I'm not young!) and they rarely if ever get national traction.
The "silent majority" in the US is just that - they don't make the news because they, in most cases, don't go out and protest and engage in battles with law enforcement. They have jobs, go to work, go home to their families, and vote - but they rarely are seen in the news any more than the fact the sun came up in the East and set in the West yesterday is "newsworthy" enough to be promoted in the media. "If it bleeds, it leads" is the criteria for being newsworthy.
The silent majority, also know as the banality of the evil, is waking up.
Until masks and Musks we're taken off this year it was possible to pretend that the normal would play into their hands, as long as they stayed silent and played along.
Now pretending that the middle class can survive under the zillionaires Reich is only possible for very delusional minority.
My hunch is that Mamdani and Polanski have struck this nerve. Already before the events in Minneapolis, but now the support for this is dwindling.
I've done some experiments here in the normal and even the well off people are seeing the root cause. And it being the narcissist individuals holding godlike power, instead of the good ole "rule based" or "value based realism" or "systemic change" or even the latest "superorganism".
But remains to be seen, I might be wrong or even worse the power can be so centralized to zillionaire cliques.
>will be replicated in other countries soon
Hasn't this already been tried numerous times in numerous countries already? Didn't France attempt it multiple times without success and actually lost tax revenue with the creation and enforcement of the tax? Not to mention the wealth flight?