News for hackers. Stuff that matters.

A comment on Modeling a Wealth Tax.

Re:Modeling a Wealth Tax by Molpot on Tuesday August 18, 2020 @09:47AM (#24198474)
>Even a .5% wealth tax would start to keep founders away from a state or country that imposed it.

Yeah, that's why nobody ever started a company in France, which had a wealth tax from 1981 to 2018: https://en.wikipedia.org/wiki/Solidarity_tax_on_wealth .

[ Parent | on HN ]
Re:Modeling a Wealth Tax by influx on Tuesday August 18, 2020 @09:56AM (#24198568)
What are the most successful French companies founded in that time?
[ Parent | on HN ]