Reply to post: Re: Rich Tax Paradox

Should the super-rich pay 70% tax rate above $10m? Here's Michael Dell's hot take for Davos

Arthur the cat Silver badge

Re: Rich Tax Paradox

The inherent problem with raising taxes on the rich is that they can legally move enough of the business and the income overseas by just opening a business in Freedonia or somewhere, so in the end the local government can't tax it.

If you are a US citizen Uncle Sam will demand tax from you no matter where in the world you live.

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