[dlp211]

> Think about it, it will be cheaper/better for $1M of US capital to be invested in UK vs the US.

That is a vast oversimplification of the problem that ignores all of the reasons to start and do business and business operations in the US, because there are already tons of places that you could start your company at that would result in lower taxes, yet very few if any choose to do so. You are making a huge logical leap that businesses will be as successful running out of the UK with its laws, regulations, and taxes as the US.

The world is not as simple and clean as whatever economic model you can cook up in your head. If it was, companies wouldn't pay developers in the US $300k/yr.

[mathraki]

I agree, but you can make the same argument about people borrowing less if the fed increases interest rates by 0.1%. There are a ton of factors that go into someone getting financing and moving interest rate by 0.1% should be a non-issue. But on average these things do change people's behavior.

My principle is we should remove all obstacles for starting/running/investing in companies, which are the engine of the economy and create both wealth and jobs, and we should tax outcomes and consumption. Also, we should keep things simple to avoid both overhead and tax avoidance that comes with complexity.