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Definitions from the Web

Wealth Tax

Definition: A wealth tax is a tax levied on the wealth or assets owned by an individual or entity.

Example sentences:

1. The government implemented a wealth tax to reduce income inequality in the country.
2. Many argue that a wealth tax can help in funding social programs and improving public infrastructure.
3. Some countries have abolished wealth taxes due to concerns about its impact on economic growth.
4. Investors often consider the impact of wealth taxes when making investment decisions.

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