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by abofh 713 days ago
It doesn't directly, on net though, the average tech nomad is coming in with a salary that's 4-5x the average domestic worker, so that 20% goes a lot farther. Add to that nomads are far more likely to need to buy crap (26% vat), and best of all, leave once full freight taxes hit avoiding any long term dependence on the state.

Sucks for housing prices, but it's not a giveaway that it often gets suggested as.

1 comments

Yes, if the tax rate was 0, all Americans would move to Portugal. It's only economically efficent.