Groan. Western countries have at times used taxes on wealth to enable massive infrastructure development. Straight after WW1 and WW2 almost all Western countries introduced “profit” taxes of 80-90% and increased taxes on the wealthy. It was the only way the UK, for instance, could rebuild after the war and why we have an NHS and used to have a great welfare state.

I don’t actually believe we should tax the excessively wealthy. I think we should take what they’ve stolen over the centuries back into common democratic ownership.