Comment on [deleted]

• Valmond@lemmy.world ⁨1⁩ ⁨month⁩ 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!!”

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  • minnow@lemmy.world ⁨1⁩ ⁨month⁩ 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.

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    • Rivalarrival@lemmy.today ⁨1⁩ ⁨month⁩ 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.

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    • SocialMediaRefugee@lemmy.world ⁨1⁩ ⁨month⁩ ago

      Well then you can block them from investing in the US or owning property. That would put a serious crimp on them.

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  • ThePantser@lemmy.world ⁨1⁩ ⁨month⁩ ago

    Except rich people don’t pay taxes in the US, the best we can hope for is them spending or starting a business.

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  • scaramobo@lemmynsfw.com ⁨1⁩ ⁨month⁩ ago

    In theory. In practice, 2000 $ is pocket change for them.

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  • SocialMediaRefugee@lemmy.world ⁨1⁩ ⁨month⁩ ago

    Lots of people fled England in the 50s-60s because the tax rates were insane. George Harrison even wrote “Tax Man” about it.

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• RedditRefugee69@lemmynsfw.com ⁨1⁩ ⁨month⁩ 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.

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  • jatone@lemmy.dbzer0.com ⁨1⁩ ⁨month⁩ ago

    Lol if you think we send i. Seal team 6 for hostages of foreign countries.

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    • RedditRefugee69@lemmynsfw.com ⁨1⁩ ⁨month⁩ 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.

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• TachyonTele@lemm.ee ⁨1⁩ ⁨month⁩ ago

  Yup I found out about that a couple years ago. It’s crazy.

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