Richard Curran: A wealth tax in Ireland may be too risky, but loopholes for super-rich should close

Norway saw an exodus of millionaires after increasing its wealth tax levy to 1.1pc on all assets above €146,000

Cartoon by Graeme Keyes

Whether it’s the Jeff Bezos Venice wedding, Mark Zuckerberg buying up 11 houses around his California home or Elon Musk spending $40bn (€34.44bn) on Twitter, the issue of rich excess, and how to tax it, has been around a long time.

Throw into the mix the housing crises that ordinary people face in many developed countries, and the clamour for a wealth tax grows.

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