My view, generally, is this: start with an understanding of how incredibly advantageous the US's starting position is, a deep humility with regard to *anyone's* ability to make good predictions about increasingly complex systems, and move slowly + cautiously.
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And back to original tweets, I still think leaving friends and family, finding a new country, gaining citizenship and renouncing US citizenship is a pretty big barrier to talent exodus.
These/similar factors exist for most people considering emigration, which is why the graph above is so striking
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Most countries don't tax foreign income of non-resident citizens, so work permit or dual citizenship are viable options. Huge difference between that and renouncing citizenship to avoid taxation.
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I mean, if we’re arguing that people do make emigration decisions at least in part on the basis of tax concerns, I’m not disagreeing
End of conversation
New conversation -
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That graph *is* striking, but it's also tough to interpret in terms of the net effects of tax changes. Where did the inventors entering the US come from? And if they did come from countries raising taxes, what were the other effects of changes in tax rates in those countries?
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