Wealth tax would be deadly for French economy, says Europe’s richest man

 The French founder of LVMH Moët Hennessy Louis Vuitton said in a statement to the Sunday Times that calls for a 2% wealth tax on all assets “aims to destroy the liberal economy, the only one that works for the good of all”.

Bernard Arnault doesn't see the irony in the above quote.  When most of the world's wealth is held by a very small group of people how is that working for everyone?