They aren’t paying enough to begin with as an overall percentage of the state’s tax, so what’s the difference if they leave?
I think the underlying threat is that they’ll bring their industry with them.
Then… Outlaw that? Like, the government can simply say “no, and if you so much as make a move, your entire company gets nationalized”
Outlaw a company shutting down operations in a country?
Literally yes, outlaw a company moving to another country
How? The company isn’t operating within the jurisdiction of the original country anymore.
Cool, that’s the directives, the workers haven’t left. Nationalize all their possessions, bank accounts, and enjail everyone involved in the process.
It’s simpler than that. There’s other rich people who’d gladly buy a ready to roll production facility, there’d be no real loss. But in reality they won’t leave, there’s still money to be made.
But why sell it to other rich people at all? Just keep the business collectively
That’s just how it would currently work.
My country (Norway) saw a lot of rich people moving to Switzerland because of more advantageous tax rules, so we actually did implement an “exit tax”!
To the surprise of no one, the rich people will not stop whining about it.
Norway is awesome. I really admire your country
We’ve, as most of the world, been drifting right for a few decades unfortunately. The tax I mentioned was one of the main issues in last year’s election even though it affects nearly no one. That’s a sign of a small group gaining control of public discourse, which is not great…
germany has a rule like that also, but people pretend like it doesn’t exist and rich people would leave if we tax them
Honestly if they’re not paying for anything in the community anyway why do we care whether or not they stay?
I’m tired of 0.1% courting and worshipping that people do.
I could not agree more. These are people who have taken greed and hoarding of wealth well into the realm of mental illness, and we are supposed to admire them!
What is the downside?
Option 1) Billionaires and no tax revenue from billionaires.
Option 2) Lower housing prices because no billionaires and no tax revenues from billionaires.
Chuck em out the window and there’s a thousand people behind them willing and able to take their place.
So don’t close the window
Billionaires pay taxes? Is this new?
Worth remembering: the “they’ll leave” line gets used for any reform—so it’s healthier to ask for data and design policy around outcomes, not threats.
They don’t pay their share and they don’t keep their money where they live anyway, so leave and hopefully die on the way to Dubai or whatever tax haven you decide to go, billionaire piece of shit
Good riddance. The perfect analogy is removing a brain cancer.
That would be unconstitutional. Violation of freedom of movement.
No one is stopping them from moving, just pay the taxes they owe.
5 - You’re running cover for pedophiles when you say this.
I think it’s a terrible idea to put a tax on leaving the country, however I think forcing people who leave to revoke their own citizenship permanently would work even better
I already bought it, you don’t need to keep selling it to me.
If you tax them enough they won’t be billionaires anymore, so billionaires really wouldn’t leave.
I like your thinking.
“Billionaires will leave if you tax them.”
They will buy the media, undermine your democracy and institute fascism if you tax them.
They will also do that if you don’t tax them.
Looks like they’ve already done most of that tbh
That’s how we know!
Wouldn’t it be nice if ALL billionaires left and concentrated in a single location.
Then we could all play some Mario & Luigi.
We wouldn’t need to. They have no survival skills. They survive by leeching off the rest of us. If we isolated them from us, they’d be dead inside of a year.
Supplying them with enough narcotics and at least half of them would take themselves out.
