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submitted 1 year ago* (last edited 1 year ago) by dantheclamman@lemmy.world to c/technology@lemmy.world

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[-] quackers@lemmy.blahaj.zone 1 points 1 year ago

Problem with taxing the rich is that they just go to other countries with their money. Not saying we shouldnt, just that its not simple.

[-] wheeldawg@sh.itjust.works 1 points 1 year ago

Well then there 's a new tax for changing citizenship for people with multiple huge bank accounts. I dunno, the solution gonna be complicated whatever it is. Maybe the one thing every country can agree on, making taxes just unbearable for them wherever they are.

[-] quackers@lemmy.blahaj.zone 1 points 1 year ago

And theres the flaw, something every country can agree on. Thats not happening unfortunately. Even if we could force all countries to do a certain thing, theres varying levels of corruptions everywhere that would prevent something like that in the first place. The closest we've come so far is probably oil sanctions on russia.

[-] jvanostrand@thecanadian.social -2 points 1 year ago

@quackers @wheeldawg It becomes a race to the bottom then. Keep driving ultra rich tax rates down and you end at zero, or worse.

[-] quackers@lemmy.blahaj.zone 1 points 1 year ago

Yep, i dont know the solution, but thats the reasoning behind it anyway

this post was submitted on 06 Sep 2023
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