>if you tax billionaires, they'll move away>"job creators" will move away>"tax revenue" will decreaseBut what if there was nowhere for them to move to? Why the fuck do we constantly have to assuage these gigakikes?If you benefitted from the opportunities your country enabled then renounce your citizenship and reneg on your homeland? 20 year penalty.Leave for another state instead? 5+ year cross-state exit penalty - averaging the difference between the two and regressing down each year.I can't even sell-off a chunk of my 401k without getting assraped but these gigakikes can come and go as they please? fuck'em.
>>546028761Billionaires are escape goats for bad tax policies.
There was a literal row of billionaires at the presidential inauguration. It’s all fucking rigged.
>>546028830They're the ones doing the tax policies
>>546028761literally just kill them (and their families)
>>546028830Check out Trump's big beautiful bill, one big fat check for the epsteinites.And it's scapegoat retard
>>546028761We can't nationalize their business.Yes, China does that when their businessmen start aggressively fucking over everyone, but that's communism!
People with pea brains and the IQ of a sausage will realise most of a billionaire's net worth is linked to their companys' share prices (ergo unrealised assets). How do you wealth tax musk on becoming a trillionnaire 1 day then his shares dip 400bn? Does he get a wealth rebate too?. What if the wealth is generated and located in another jurisdiction? Should California be allowed to demand Canadian generated profits? (Obviously endless issues but inhave to write this as some pea brain will seek to provide a retarded take to these 2 points which removes any "excuse" etc. Idiots just don't think 1 baby step ahead. They think the economy is like their npc goy finances.
>>546028761The real question you should be asking is why does your economy implode when you start making taxes like that. Taxation and government intervention in the economy isn't a machete to cut through the jungle but a scalpel to work on a patient. Sometimes some things do need lancing but commies are retarded and don't understand game theory.
>>546030409Yep that's a good policy, and we *used* to have antitrust laws to do something similar. Right now government crushes small and medium business, workers are fucked, and the rich buy monopoly protection. It's bad.
>>546028761
>>546028761>if you tax billionaires, they'll move awayOy, vey...
>>546028761>"job creators" will move awayOy, gevalt...
>>546028830>Billionaires are escape goatsYou are a temporarily embarrassed billionaire yourself, right?
>>546028761We already have wealth tax and exit tax here. It's not helping. Our entrepreneurs are fleeing to America where they are free to grow. Besides, what do you think happens to the increased tax revenue? It's all wasted. It would be nice if the new money was well spent. But it isn't.
>>546028761Most don't move away it's a Rightoid myth. They are in the West for a reason and it's because they can't generate that type of wealth anywhere else and their capital and networks are tied up here. You can always use exit taxes on them as well.
>>546028761there is a limit to how much money bilionere can spend on himselfevery time hi buy luxury product like overpriced yaht the money go back to working peoplebilioners will not move away if you tax them colectivly,, they will just rise products prices and middle clss and below will pay for itthe increase of product prices will not touch top1 % because they spend only 0.0001% of income on them taxing the rich would just be another tax on the poorfirst fix tax avoidance, tax returns ("art" donations) and other bs ways to avoid tax
>>546033832>Our entrepreneurs are fleeing to America where they are free to grow.That's simply not true. The few wealthy Norwegians that leave go to Switzerland.
>>546028761I'll bite, for the sake of argument, all 44 billionaires in Spain have a combined net worth of 287.2B. If you go steal every penny of that from their giant money vaults. Divvy that up to every citizen in Spain and that's around 5700 per person. What will you do with your new fortune?Or would you just have your government keep it all. That covers about 4 months of their spending. Who are you going to rob in March to pay for their spending?
>>546028830>Billionaires are escape goats for bad tax policiesCan anyone explain to me why having money go to the state is a good thing?>Omg {insert name/group} didn't pay taxes.>I'm outraged. The government needs more of our money to lie, send us to bullshit wars, foreign aid, line jewish pockets, and to replace us with 3rd worlders.