>Taxing the rich doesn't work.
Why do people keep saying this? Has it ever actually been tried? What were the results?
>Taxing the rich doesn't work.
Why do people keep saying this? Has it ever actually been tried? What were the results?
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Europe.
Works.
If I was rich and you tried to take like 2/3 of my income or shit I WOULD FUCKING LEAVE. doesn’t work faggot
>I WOULD FUCKING LEAVE
Pretty much this. Unlike non-rich plebs who are tied to their country, rich people already have residences in multiple countries, and can easily renounce citizenship and go somewhere else anytime if it seems like a confiscatory tax law is about to be passed
It worked for a while but now that they're shitting up the country with migrants, people will probably start to question why they're paying 2/3 of their income to support the shitting up of their country. This won't end well.
>taking money from whites and giving it to niggers has never been tried
>He fell for the run away meme
It works, because there is nowhere to run and if there is then these places are only for the ultra rich who will never allow you to join them (very high fees, for example look up Cayman islands and how to live there.)
Europe is a good example, the richest fled, but those who are rich because of a small or medium business can't.
The EU also works with the IRS and they give all financial information about EU citizens that reside in USA to EU.
Only corporations can do what they want.
USA used to have high tax rate for the rich back when it has its biggest growth. Retards say "bb-but the rich will just leave!!". Where will they go morons? USA is their market. Without the US market to buy their products they wouldn't make money in the first place. The point is to tax individuals instead of corporations, this way they will have to reinvest their money back to corporation instead of buying yachts
You wont if you make income in these countries were you fled.
If these people are just rich because of inheritance then there is nothing to fear.
>Europe is a good example, the richest fled, but those who are rich because of a small or medium business can't.
Way to completely undermine your own point, satan trips. Pretty much every country has progressive taxation, so they already tax the rich so it "works" in that sense. But when people talk about "taxing the rich", they generally mean taxing them enough so that they at least can't get any richer, if not making them outright poorer over time. So all you end up doing is driving the ultra-rich out, and taxing the upper end of the middle class, as usual. Of course I guess for yuropoors the upper end of the middle class is what you call "the rich"