Progressive Politics

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Welcome to Progressive Politics! A place for news updates and political discussion from a left perspective. Conservatives and centrists are welcome just try and keep it civil :)

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TokenBoomer@lemmy.world

218

If We Tax Rich People... They Will Just Leave! (youtu.be)

submitted 3 days ago by ShaggySnacks@lemmy.myserv.one to c/progressivepolitics@lemmy.world

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TLDW

Capital flight is ultimately a myth cause the people who complain about high taxes and moving are already not paying taxes.

The vast majority of people aren't going to give up their homes to save a few bucks.

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[–] Tollana1234567@lemmy.today 2 points 2 days ago* (last edited 2 days ago)

at least 50 trillion in the last 40-50years in back taxes. almost billionaires anywhere have done the same. remember brexit, the they fled to france anyways, while they promoted brexit.