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Comment by mprev | Hacker News Reader

Are you suggesting that governments are colluding with journalists to deliver a particular narrative?

Or are you saying that journalists and their editors believe there's a need for wealth taxes and so they're pushing that line?

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Probably some of both. A wealth tax would discourage investment and encourage consumer spending, and would hit the middle class the hardest. As usual - these things are always sold as being targeted at the "rich."

Though, it would be interesting to see how people would try to game/avoid it. Instead of investing in stocks, a middle class person looking to preserve some wealth could buy things like physical gold/silver from local dealers with cash, hide it under the floorboards, and definitely NOT report it on their taxes.

Do you define middle class as having wealth above $50M?

I am taking no position on this specific instance, but it is clear that government officials intentionally leak inside information to journalists with a particular worldview to push narratives into the public consciousness.

It's pretty clear that the British government over the last 12+ months have been doing just this with leaking Covid related announcements to the press prior to them being official announced.

I rarely see any news these days which are not pushing an agenda or another.

Politicians, journalists, governments, they all have their plans, ideas, biases and interests.

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