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by johng 26 days ago
I think your example of "if we tax them they will leave" is off-base. Because that is absolutely, most certainly, the case.

https://www.wsj.com/opinion/the-blue-state-exodus-enriches-r...

https://finance.yahoo.com/economy/policy/articles/happening-...

1 comments

are you making an effort to not understand?

If N billionaires don't pay tax, their tax is zero. the state makes zero. period.

Now the state tax them and two leave. The state now collected N-2, which is immensely more than zero.

How is it smart people are so gullible to fall for the opinion pieces you shared!?

The reality is that they're not paying zero today, especially in indirect taxation through the economic activity they generate.