LATE-STAGE STATISM ALWAYS COMES DOWN TO CONFISCATE EVERYTHING YOU CAN BEFORE THE WHOLE THING COLLAPSES:

Europe’s new tax proposals double down on wealth taxes, including unrealized gains, annual wealth levies, inheritance taxes, and even exit taxes on those who leave.

But the pattern is hard to miss: when tax burdens rise, capital and talent don’t stay put.

Higher rates haven’t… pic.twitter.com/vwiKSzfsQM

— Stephen Moore (@StephenMoore) May 7, 2026