They do emigrate, but generally to richer and not poorer places. Which is why you don't see too many of them in Europe and yes, Canada.
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Replying to @kchoudhu @antoniogm
There aren't too many places that fit the bill. The Middle East is one, parts of the far east also fit the bill. Europe, which is lovely, is where people dream of buying retirement homes. That's not a sustainable emigration engine.
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Replying to @kchoudhu @antoniogm
FWIW, as WFH becomes the norm, the idea of tax arbitrage emigration is going to become increasingly appealing to a lot of Americans: e.g. seek primary tax residence in low-to-no tax jurisdictions...
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Replying to @kchoudhu @antoniogm
Japan has been dealing with a bit of this. I can’t see it working at scale against the IRS though. It’s obvious if you’re doing it, the same enforcement strategy which shut down “be a dentist but bank abroad” works against it, and surveillance of financial system is very high.
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All it takes is one WSJ article followed by “AppAmaGooBookSoft / GoldmanEtcEtc: give us a list of any employee with a SSN not employed in the United States, their address on file, and the number of days they visited a US office in 2022.”
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