We know what these assets are valued at and we can absolutely tax them the same way other assets are taxed. In fact, Most Iowans already pay wealth taxes. They're called property taxes. Either if you own your own home, you pay your property taxes, or if you rent, you pay somebody else's property tax. (20:03–20:08)
CLAIM
Asserts that property taxes are a form of wealth tax paid by most Iowans.
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