This is _precisely_ equal to saying 'Every person in this country has a right to all the labor & resources of everybody else, to be expropriated through the coercive power of the state, & redistributed as the state sees fit'. But I guess Bernie's version sounds better.https://twitter.com/BernieSanders/status/1168592173589094404 …
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The US can decide it wants to be a fundamentally different kind of economy, but when you have serious candidates talking about functionally trapping wealthy people here under a 40% exit tax — terms to which they never agreed when they grew their wealth here — I have a big problem
Right now the US shoulders a great burden in e.g. medical discovery for the rest of the world in exchange for a massive influx of global talent. I can understand why many people think this is a raw deal, but I don't think they understand the implications of rapidly opting out
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Combine a severe shift in the economic calculus behind starting or growing companies here with a demonstrated willingness to trap and dismantle personal wealth at the whims of the electorate and I think you have a recipe for absolute economic catastrophe
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Attempt a fair transition — taxing incomes + other transactions at gradually increasing rates, allowing people to leave — and you can probably get *some* of what Bernie promises at great cost. Change the rules rapidly and trap extant value via force, expect a nightmare scenario
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