Re:Modeling a Wealth Tax
by thephyber on Tuesday August 18, 2020 @06:21PM
(#24205032)
> Your second point isn't really relevant for a founder who can choose between one developed country with a wealth tax and another one without.
This is an incredibly simplistic take.
When choosing a USA with a hypothetical wealth tax versus other existing countries, the contrasts are far larger than just a wealth tax. The USA has increasingly bad health/medical costs, university tuition costs, cost of living in affluent areas, deteriorating infrastructure, political strife, etc. It's important to talk about this hypothetical wealth tax as a weighted component of all of the likely decision points.
This is an incredibly simplistic take.
When choosing a USA with a hypothetical wealth tax versus other existing countries, the contrasts are far larger than just a wealth tax. The USA has increasingly bad health/medical costs, university tuition costs, cost of living in affluent areas, deteriorating infrastructure, political strife, etc. It's important to talk about this hypothetical wealth tax as a weighted component of all of the likely decision points.