• ryannathans@aussie.zone
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    4 days ago

    What would happen to America and the USD if all of those people left the country and took their “wealth” with them?

        • fafferlicious@lemmy.world
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          3 days ago

          95 % upper limit for income tax.

          Don’t argue against things I didn’t say.

          You don’t see an exodus of homeowners for their property tax.

          Why is that? Hmmm? Is it the case that rich people wanna be where money is? And nice services are? Where the culture is? Where the art is? Where their family is? Their friends? Their children’s life?

          Show me a study that unequivocally shows that raising taxes leads to mass capital flight. I haven’t seen one yet. At best, its mixed.

          They say this about minimum wage “you can’t raise it to $15 business will leave and go under!”

          And every fucking time states or cities increase the minimum wage, that doesn’t happen.

          Stop fucking carrying water for the rich