TAXING WEALTH: A COMPARATIVE ANALYSIS OF NATIONAL WEALTH TAXES AND HOW A FEDERAL WEALTH TAX CAN OVERCOME ADMINISTRATIVE CHALLENGES.

The article explores the concept of a national wealth tax in the United States and examines current proposals and policies in other countries. It discusses the challenges and critiques of implementing a federal wealth tax, including tax evasion and enforcement issues. The article suggests that administrative challenges can be overcome with appropriate legal and policy decisions. It concludes by advocating for the adoption of a federal wealth tax in the United States to address economic inequality and generate revenue for social spending programs. [Extracted from the article]