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by WalterBright 481 days ago
> they have billions of ways to evade it

In Washington state, they passed a capital gains tax primarilly to tax Jeff Bezos. Bezos simply left the state just before the tax took effect. So did a lot of other wealthy residents.

1 comments

Ah, but proponents also want to make it difficult for you to leave with your money.

Capital controls are very seductive, even though they’re very authoritarian.