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If you want to engage in cherry picking and rhetoric to insist on justifying your preconceived bias, allow me the same luxury.

High income inequality causes regulatory capture by a minority elite. Any financial discomfort to this tiny elite through popular movements that impose a very modest wealth tax, faces relentless attack by this tiny elite and their chattel, which includes the politicians they sponsor - ultimately resulting in the overturning of tax policies that benefit society as a whole.

High income inequality leads to regulatory capture by a tiny minority and results in a government primarily focused on the coddling of the idle rich. Hence, all examples of overturned wealth taxes you picked can be dismissed outright. Cherry picking is not a luxury available exclusively to you.

Your bias is obvious from the fact that you were fixated on France while completely ignoring their much more successful neighbor.



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