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by aaronschroeder 1831 days ago
I just don't see that working in practice. I've worked hard to build a small company and can't imagine losing 1% a year. The longer I work the less I own. If this was the reality, people would find a way around it even if it meant incorporating in another country entirely. And lets be honest, it would start at 1% and go up from there. We pay almost 2% / year of our home value in property tax.
1 comments

Perhaps the parent comment was edited, but surely the 1bn threshold would cover your situation?