this post was submitted on 15 Jan 2026
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Tell me you don't have a damn clue how very large wealth works without telling me you don't have a damn clue how very large wealth works.
Unfortunately for you, he never could never prove the relation between taxes and wealthy people leaving, making this an interesting paper, but not a consensus, even today.
In addition, this has mitigations: bind the tax to the citizenship (what the US is already doing for income), and/or apply a 5 years term before you have "escaped" the tax. Again, both considered manageable by economists.
Not sure if you in denial or bad faith. Doesn't matter.
Well, since it starts with you explaining you had no idea what you talked about the whole time, yes, it's preferable.