Most European Countries that Had Wealth Taxes Have Repealed Them

By David R Henderson. Excerpts:

"According to the OECD, 12 OECD countries had individual net wealth taxes in 1990, and all 12 were European countries. By 2017, only four OECD countries still had them" 

"the likely reason is that they were losing some of their wealthiest residents to other countries that didn’t impose taxes on wealth."