Modeling a Wealth Tax: http://paulgraham.com/wtax.html
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"Even a .5% wealth tax would start to keep founders away from a state or country that imposed it." What did you mean by that? Thought you were saying there would be a chance the Bezoses (the great founders) would leave the US / not start startups if we implemented a wealth tax.
Look at what I wrote. I didn't say it would cause people already there to leave. And I didn't say it would be decisive for everyone at that rate, just that it would start to influence people's decisions.pic.twitter.com/8HYEPvJbh2
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If I believed a statement as strong as "Amazon wouldn't be in the US if there were a 1% wealth tax" was true, I'd have written that instead.
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I see. I think great founders will start companies in the place that maximizes the chance they create an Amazon-level success, not in the place with the lowest taxes. At some point taxes may be too aggressive but a low single digit wealth tax isn't that.
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or rephrased, "if you've stated an idea as strongly as you could by only ever using strawman arguments, all anyone has to do is find a realistic counter-example of what you said, and now it is proved to be fallacious logic."
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I am actually willing to let go of those assholes who are worried about this before even starting a company. It's not like Jeff Bezos sat & wrote Amazon S3 in his basement. There so many critical people involved in a company who'd never even think these things. Bad take.
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