Re:BitPatron – A Bitcoin Censorship-Free Patreon Alternative
by manfredo on Saturday January 12, 2019 @06:30PM
(#18893941)
France's asset tax is estimated to to have caused $125 billion to leave the country since 1998: https://en.m.wikipedia.org/wiki/Wealth_tax
Re:BitPatron – A Bitcoin Censorship-Free Patreon Alternative
by XorNot on Saturday January 12, 2019 @07:23PM
(#18894141)
Far more then $6 billion / year leaves most western countries as tax avoidance schemes. It's not about whether their money left, its about whether they and their businesses left.
Which they never do (unless they were going to do it anyway - i.e. outsourcing).
France's asset tax was effectively protested by the wealthy doing what they always do - threatening to leave loudly, maybe taking some time off in one of their overseas residences, and then doing absolutely nothing.