Would wealth taxes be more prone to tax flight than capital gains?
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Replying to @kimmaicutler @SeanMcElwee
Only if individuals are better than corporations at tax avoidance, which I kind of doubt.
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wouldn't they just leave with their feet rather than webs of international tax paperwork?
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Conceivably, but actually with estate taxes we see very very little of this.
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Never thought about that! Would definitely expect Sumner Redstone to be moving his estate about now
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what's your evidence? I've seen contrasting pieces. http://www.nytimes.com/2016/05/01/business/one-top-taxpayer-moved-and-new-jersey-shuddered.html … https://publicpolicy.stanford.edu/news/do-higher-taxes-really-drive-millionaires-flee …
12:41 PM - 25 Jul 2016
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