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by jf271 5033 days ago
Which is why tax flight would be a big risk.It compounds over time. You pay taxes on the same money year after year. Nevermind what happens if you save even more. Why stay in an economy that is dying from taxation when you could move to an area with a vibrant economy and avoid the tax.

The US and UK are slowly becoming dinosaurs. The amount of taxes they need to keep functioning as handout societies will be the end of them.