cross-posted from: https://lemmy.world/post/47196787
this post was submitted on 22 May 2026
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If you do a wealth tax, they would absolutely leave.
Not if you have a 38% exit tax like Norway.
Good.
And then what? If they want to take their wealth with them they'd need to sell up, so the job creation would remain, the assets would remain, possibly the currency would be slightly weaker, and so importa would be slightly more expensive, which would encourage the local economy... What is the awful outcomes you're imagining from the ultra rich leaving?
Did you not read the comment you're responding to? Them leaving would be a good thing dumbass