Norway taxes your wealth if you try to leave
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TachyonTele@lemm.ee 2 months ago
The US wants it’s tax dollars one way or another.
SocialMediaRefugee@lemmy.world 2 months ago
TachyonTele@lemm.ee 2 months ago
Well, a Norwegian wood do that.
SocialMediaRefugee@lemmy.world 2 months ago
Unless you are a corporation.
irishgoodbye@lemmy.world 2 months ago
Valmond@lemmy.world 2 months ago
Well theoretically at least you could tax the shit out of rich people even if they “flee” the country. Here in France it’s always “no lo no we can’t tax the rich because then they’ll leave!!”
minnow@lemmy.world 2 months ago
People say that about the rich in America too. “Don’t tax them, they’ll leave and take all their money with them!”
But I dunno, maybe we shouldn’t let people get so rich we’re terrified of them leaving with their money? Just a passing thought…
But also I call bullshit. Doing business in America is, for the foreseeable future, profitable. The rich aren’t going to leave because they’re making less profit as long as “less profit” is more than “how much profit will I have if I leave”
Of course, now that they’ve completely captured the US government, the conversation is kind of moot.
Rivalarrival@lemmy.today 2 months ago
If the US reestablishes the 91% top-tier tax bracket we had for most of the 20th century, the rest of the world will quickly follow.
Nobody will be in that bracket; they will take great efforts raise their tax deductible “expenses” (or reduce their revenue) in order to avoid it.
SocialMediaRefugee@lemmy.world 2 months ago
Well then you can block them from investing in the US or owning property. That would put a serious crimp on them.
ThePantser@lemmy.world 2 months ago
Except rich people don’t pay taxes in the US, the best we can hope for is them spending or starting a business.
scaramobo@lemmynsfw.com 2 months ago
In theory. In practice, 2000 $ is pocket change for them.
SocialMediaRefugee@lemmy.world 2 months ago
Lots of people fled England in the 50s-60s because the tax rates were insane. George Harrison even wrote “Tax Man” about it.
RedditRefugee69@lemmynsfw.com 2 months ago
Basically you’re paying for the right to vote in national elections as well as Seal Team 6 hostage rescue if you should get captured by terrorists or whatever.
jatone@lemmy.dbzer0.com 2 months ago
Lol if you think we send i. Seal team 6 for hostages of foreign countries.
RedditRefugee69@lemmynsfw.com 2 months ago
An exaggeration, and I think you knew that when you wrote this comment.
The US has made efforts to save its citizens from hostile foreign groups on many occasions, but it generally doesn’t give a shit if you’re not a citizen.
TachyonTele@lemm.ee 2 months ago
Yup I found out about that a couple years ago. It’s crazy.