Evidence from leaked account data on how elites use offshore banking [pdf]

Re:Evidence from leaked account data on how elites use offsh... by macinjosh on Saturday May 08, 2021 @05:07PM (#27090696)

I think the point is that beyond total and complete global totalitarianism there isn't a great way for any government to truly tax the rich to the extent desired because there were always be another safe haven for it overseas.

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Re:Evidence from leaked account data on how elites use offsh... by Mulpze15 on Saturday May 08, 2021 @05:26PM (#27090863)

It is harder and harder for US persons to put their money abroad. All foreign banks must declare US Persons to the US authorities.

I am sure some figure out ways, but you have to go in dodgier places.

This is a new development is the last 10-20 years, so there is progress. It should help people trust the system is getting fairer.

If one is against taxes, and uses lack of enforcement as a reason, I smell dishonesty.

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Re:Evidence from leaked account data on how elites use offsh... by guerrilla on Saturday May 08, 2021 @05:14PM (#27090764)

> there isn't a great way for any government to truly tax the rich

The burden of proof is on you then. For you to be able to say that, you'd have to enumerate all possibilities and then provide evidence why each wouldn't work. In the meantime, it seems obvious things could be better without needing to be perfect.

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Re:Evidence from leaked account data on how elites use offsh... by syops on Saturday May 08, 2021 @05:28PM (#27090877)

Can't you make it expensive to move money overseas by taxing such moves?

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