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A comment on Media Owned by Wealthy Are Quick to Tell You Wealth Taxes Are a Bad Idea. Parent comment

Re:Media Owned by Wealthy Are Quick to Tell You Wealth Taxes... by Spare_account on Thursday October 22, 2020 @02:18PM (#24861334)
>capital flight is a real thing.

Can anyone provide some examples of it happening in an economy like ours?

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Re:Media Owned by Wealthy Are Quick to Tell You Wealth Taxes... by topicseed on Thursday October 22, 2020 @03:17PM (#24862190)
Not sure if "France" is an "economy like yours" but they have definitely suffered from capital flight following a wealth tax hike[0][1].

[0] https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1268381

[1] https://www.forbes.com/sites/jonhartley/2015/02/02/frances-7...

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