I’m trying not to be a *complete* capitalist shill but Vox, you are testing me https://www.google.com/amp/s/www.vox.com/platform/amp/policy-and-politics/2019/1/4/18168431/alexandria-ocasio-cortez-70-percent …
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There's more to moving country than financial considerations. If not, why haven't all US tech execs moved to 0% tax countries rather than paying 38%?
Because countries with unfunded/weak/mob-style governance are generally unpleasant places to live. That I think raising the tax rate well above the western norm is a terrible idea does not imply that I am broadly anti-taxation. Not at all.
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50-60% rate starting at much lower income (Ireland is a European tech hub and 52% starts at €34k) with 20%+ sales tax is very common in Western countries. Is that better or worse than 70% for incomes over eg. $10 million?
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Ireland may be a "tech hub," but it has a very tough time keeping innovators at home (as does much of the rest of Europe). https://twitter.com/sknthla/status/1070031703421333504 …
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