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Re:Wealthy people are renouncing American citizenship by amcoastal on Thursday August 05, 2021 @08:49AM (#28072961)
Its really a great system we have here --- get insanely wealthy off the backs of Americans who pay tons more for basic services and then when it's time to pay back run off and keep your change. No wonder America is doing so well.
Re:Wealthy people are renouncing American citizenship by 734129837261 on Thursday August 05, 2021 @09:34AM (#28073514)
Most people would, if they could, avoid taxes legally to the maximum of their ability.

You US folks have created this monstrosity yourselves, too. You let lobbyists (who work for the companies that the richest own) influence politicians, you allow companies to have personhood and other such nonsense.

Even the politicians you get to vote on are placed there by said lobbyists and thus the companies that pay for them.

Institutionalised, legal, and widely stimulated and motivated corruption is what causes all of this to happen. The rich make the rules, you not liking it can't be fixed because the rich decide what "fixes" are available for you to vote on.

Re:Wealthy people are renouncing American citizenship by DennisP on Thursday August 05, 2021 @10:14AM (#28074005)
> get insanely wealthy off the backs of Americans

I find it a bit startling to see this sentiment on HN, a site that used to be mostly full of people building startups, attempting to get wealthy by building something useful that people are happy to pay for.

Re:Wealthy people are renouncing American citizenship by PaulDavisThe1st on Thursday August 05, 2021 @12:06PM (#28075680)
A couple of days ago, I learned about an audio processing plugin that apparently (I haven't verified it yet) earned its creator US$1M in 4 months. This is a little blob of code that you load into your DAW and it makes or changes the sounds, and you tweak knobs till it's doing what you want.

If you don't see the difference between that and, say, Amazon, then I don't know what to say.

The fact that you can trace a line between a scrappy startup in a converted garage somewhere and a behemoth doesn't mean that they are both the same thing.

Re:Wealthy people are renouncing American citizenship by ninja3925 on Thursday August 05, 2021 @08:57AM (#28073055)
“Off the back” sounds like the wealthy took advantage of folks when, in fact, they entered voluntary contracts in a win-win scenario. Creating a company is not exploitative but rather collaborative and mutually beneficial (with workers).
Re:Wealthy people are renouncing American citizenship by igorkraw on Thursday August 05, 2021 @09:01AM (#28073091)
I feel like you'd have to give some evidence for the claims you are making (voluntary, win-win, creating a company being collaborative...) as long as the US doesn't have free health care,free housing and/or some form of UBI. "Take job where you have to pee in bottles or live in squalor" doesn't seem that voluntary to me
Re:Wealthy people are renouncing American citizenship by azth on Thursday August 05, 2021 @09:09AM (#28073203)
The onus is on the person making the claim to provide the evidence. Forming a company (that doesn't work in immoral areas) is a perfectly ethical and legal way of making money.

UBI is not the only solution. Islamic countries have for over 1400 years had the Zakat system, which provides for the poor and needy.

Re:Wealthy people are renouncing American citizenship by igorkraw on Friday August 06, 2021 @02:29AM (#28083939)
Yeah and I asked OP to provide evidence for their claims. Forming a company is not the same as making money of your workers, and just because it's allowed under the current rules doesn't mean it's ethical. Qnd regarding zakat, I know too little about it, but I'm wary of any solution which boils down to "charity" because that makes the receivers dependent on keeping their benefactors happy.
Re:Wealthy people are renouncing American citizenship by libbroscrubber on Thursday August 05, 2021 @10:58AM (#28074640)
Wealth inequality is proof of exploitation. Look at CEO to worker pay. The capitalists have the system rigged.
Re:Wealthy people are renouncing American citizenship by engineer_22 on Thursday August 05, 2021 @09:11AM (#28073224)
There are many places in the United States that have free healthcare, free or reduced price housing, and assistance payments for the poor and sick or injured. These things are paid for with public money through government programs.

Personally I think everyone deserves a certain level of dignity, especially when they're going through hard times. But I've also seen plenty of examples of people who "work the system", which makes it harder to get funding for social welfare programs.

Re:Wealthy people are renouncing American citizenship by igorkraw on Friday August 06, 2021 @02:31AM (#28083956)
Where are those places and why aren't people making use of them? I think at least one presidential candidate ran on a healthcare for all platform, so it seems like I'm not the only one who doesn't know this.

And it always strikes me as weird how willing people are to waste money and create inefficient systems only to keep some freeloaders from enjoying their life but balk at hunting down rich people for tax evasion, imposing proportional fines for offenses like they do in Finland or closing tax loop holes. I mean I think I understand why but I find it weird.

Re:Wealthy people are renouncing American citizenship by mrow84 on Thursday August 05, 2021 @09:09AM (#28073199)
Consider two scenarios:

a) Undeveloped land is freely available, and anyone who wants to can go and cultivate it independently from anyone else, making a life entirely for themselves.

b) All land is already owned, and making a living must be achieved by exchanging (typically labour) with others.

Do you believe that people starting without capital in scenario b) will enter into contracts as freely as those starting without capital in scenario a)?

Re:Wealthy people are renouncing American citizenship by goodpoint on Thursday August 05, 2021 @11:11AM (#28074848)
Furthermore:

a) 100% of the world population can relocate globally without any need for visa so they can access the global job market and pick the best location

b) 1% of the world population has access to enough education to become highly skilled and be able to relocate legally. Everybody else has limited choice.

Another example:

a) Everybody has access to UBI and can freely choose to work or study or do volunteering, art etc

b) Unemployed people go hungry, homeless, get sick, get imprisoned

Re:Wealthy people are renouncing American citizenship by yardie on Thursday August 05, 2021 @10:11AM (#28073979)
Wage theft is the #1 fraud[0] in the US. So while the voluntary contract can be a win-win for a quite a few Americans it is still exploitative.

[0] https://www.epi.org/publication/employers-steal-billions-fro...

Re:Wealthy people are renouncing American citizenship by ninja3925 on Thursday August 05, 2021 @10:53AM (#28074545)
While true and something that needs fixing immediately, this is uncommon and therefore, cannot be used to describe the relationship as "exploitative".
Re:Wealthy people are renouncing American citizenship by revolvingocelot on Thursday August 05, 2021 @01:35PM (#28076934)
If you read the link, you'd learn that in the 10 most populous US states, 2.4 million minimum wage workers are victims of wage theft annually. This loss averages $3,300 per (full time, year round) worker per year, and just under $8 billion in total per year.

And that's only minimum wage workers, in a subset of the US.

Was there a particular reason you were under the impression that wage theft was uncommon?

Re:Wealthy people are renouncing American citizenship by amilios on Thursday August 05, 2021 @09:35AM (#28073530)
This is a fantasy. Voluntary contracts imply that workers have the option of not working for starvation wages, which in many cases is simply not true. If your options are to work a dead-end minwage job or, well, die on the street, is it really a voluntary contract that you're entering? I would say not.
Re:Wealthy people are renouncing American citizenship by koonsolo on Thursday August 05, 2021 @09:47AM (#28073675)
There is only 1 company you can work for, and no way to work independently or start a company? Seems strange to me.
Re:Wealthy people are renouncing American citizenship by amilios on Thursday August 05, 2021 @10:25AM (#28074153)
If all the companies that are willing to hire you equally treat you like crap, you aren't really given much choice. In terms of entrepreneurship, it carries a ton of risk. People living paycheck-to-paycheck typically aren't able to carry such a risk with no safety net (family, etc.).
Re:Wealthy people are renouncing American citizenship by koonsolo on Thursday August 05, 2021 @12:59PM (#28076413)
Price is set by supply and demand, not by either seller or buyer.

In a market with multiple suppliers and buyers, the price will sort itself out.

That you don't like that price has nothing to do with either side being "evil".

Re:Wealthy people are renouncing American citizenship by ninja3925 on Thursday August 05, 2021 @10:50AM (#28074499)
Of course! You can choose: - Not to work - Move to a city/state with better opportunities - Take classes to specialize - Work hard and get promoted - Start your business

Aren't these valid options? No "cigar smoking fat cat" force workers to sign the contract under duress.

Re:Wealthy people are renouncing American citizenship by opheliate on Thursday August 05, 2021 @11:15AM (#28074906)
For many people these are not valid options, no. If you grew up in a low-income household and entered a low-wage job, the likelihood of having sufficient savings to choose not to work, take time off to improve your skills, or move is very low.
Re:Wealthy people are renouncing American citizenship by KittenInABox on Thursday August 05, 2021 @01:24PM (#28076771)
How do you have the money to move, take classes, or start a business (business licenses cost $$$) if you are choosing between abusive/dead-end work and homelessness?
Re:Wealthy people are renouncing American citizenship by i_d_rather_read on Thursday August 05, 2021 @11:12AM (#28074870)
> Creating a company is not exploitative but rather collaborative and mutually beneficial (with workers).

If it's collaborative can we vote a new CEO?

Re:Wealthy people are renouncing American citizenship by sparrish on Thursday August 05, 2021 @11:41AM (#28075284)
Yes, you go to work for a different company that has the CEO you want. Vote with your feet.
Re:Wealthy people are renouncing American citizenship by PaulDavisThe1st on Thursday August 05, 2021 @12:03PM (#28075640)
But wait, I thought building the company was collaborative? If I collaborated in building the company I work for, why would I want to leave it just to work for a different CEO? If all the workers agree that we need a different CEO, why can't we vote for it? After all, it's supposed to be a collaboration ....
Re:Wealthy people are renouncing American citizenship by stale2002 on Thursday August 05, 2021 @02:23PM (#28077550)
It is collaborative.

Collaboration doesn't mean forcing others to work with you.

Instead, collaborative is about voluntary choice.

If you want to work somewhere else, under different rules, that would be your choice. Forcing others to do what you want isn't collaboration.

> why can't we vote for it

Co-ops exist. If that is what you prefer then go work for a co-op.

Re:Wealthy people are renouncing American citizenship by srswtf123 on Thursday August 05, 2021 @04:51PM (#28079606)
It isn't voluntary when its the only game in town. My personal experience tells me the nature of work in the US is exploitative. Of course, experiences will vary, but I've never felt alone in this; on the contrary, in the Midwest "Living the Dream" is essentially shorthand for "I hate my job and everything about it". We're all living the dream, and boy does it suck.
Re:Wealthy people are renouncing American citizenship by bestcoder69 on Thursday August 05, 2021 @01:51PM (#28077142)
Sure except one side gets a much larger benefit and the other side must enter into this style of contract with _someone_, or starve to death (in the typical case). Just to sidestep the debate over differing dictionary definitions of exploitation (to show my hand a bit though, I prefer the ones that are useful in describing how things have become the way they are, rather than the libertarian ones).
Re:Wealthy people are renouncing American citizenship by the_cat_kittles on Thursday August 05, 2021 @02:03PM (#28077303)
so the current distribution of wealth in america is ok and not anyones fault?
Re:Wealthy people are renouncing American citizenship by oo0shiny on Thursday August 05, 2021 @09:05AM (#28073145)
Not if the wealthy campaigned to keep the minimum wage below a living wage for the sake of a higher profit, while also subsidizing the welfare system so the taxpayers pick up the bill instead of the company owners.

Creating a company _should_ be collaborative, but our current capitalist system has actually become more exploitative.

Re:Wealthy people are renouncing American citizenship by qwertox on Thursday August 05, 2021 @03:04PM (#28078070)
That is a very naïve way to look at it. It is capitalism, and capitalism is brutal. So even if your view applies to some cases, it certainly does not to all.

Take Jeff Bezos' commentary after his ride into space for example:

> I want to thank every Amazon employee and every Amazon customer because you guys paid for all this. So, to every Amazon customer out there and every Amazon employee thank you from the bottom of my heart.

https://twitter.com/EoinHiggins_/status/1417515577275453440

I get it that we, the consumers paid for this trip. But his employees? What do they have to do with this? Isn't it supposed to be a "collaborative and mutually beneficial" relationship, which would imply that Bezos is not making money from his employees, but exclusively through them, and paying them what they deserve? Yet he claims that they paid for it, which implies that he is not paying them what they deserve, since it is the customer who is supposed to pay his salary, not the exploitation of his employees.

Re:Wealthy people are renouncing American citizenship by psychlops on Thursday August 05, 2021 @09:45AM (#28073645)
It's simpler and more emotionally appealing to explain things from an exploitative marxist point of view.
Re:Wealthy people are renouncing American citizenship by tech_tuna on Thursday August 05, 2021 @11:17AM (#28074923)
If I had the means to do so, I would do it just to avoid the politics of the US.

Better cuisine is a big driver for me too - hello Italy or France.

Re:Wealthy people are renouncing American citizenship by rob_c on Thursday August 05, 2021 @08:52AM (#28072988)
not just America, the 0.01% around the world are all learning this lesson...
Re:Wealthy people are renouncing American citizenship by djKianoosh on Thursday August 05, 2021 @08:53AM (#28072997)
so where are they all going?
Re:Wealthy people are renouncing American citizenship by anovikov on Thursday August 05, 2021 @09:00AM (#28073086)
UAE for effectively zero taxes.

New Zealand as it is rumoured although i don't believe it - for someone not rich enough to own a private jet where you can properly sleep, it is TOO far away from... just about anywhere.

Singapore. Some of the Southern and Eastern Europe for those not rich enough.

Re:Wealthy people are renouncing American citizenship by the_lonely_road on Thursday August 05, 2021 @08:56AM (#28073041)
New Zealand it seems. An island country of 5 million with some of the most expensive real estate and highest suicide rates of the developed world.
Re:Wealthy people are renouncing American citizenship by mkl on Thursday August 05, 2021 @09:24AM (#28073400)
Where did you get that statistic? According to https://en.wikipedia.org/wiki/List_of_countries_by_suicide_r..., the USA's suicide rate is ~40% higher than NZ's.
Re:Wealthy people are renouncing American citizenship by sumedh on Thursday August 05, 2021 @09:44AM (#28073630)
> highest suicide rates of the developed world.

If I am not mistaken most of those suicides are among the Maori people not the white people of NZ.

Re:Wealthy people are renouncing American citizenship by richwater on Thursday August 05, 2021 @02:34PM (#28077690)
Yea thanks for clearing that up. The native people don't count.
Re:Wealthy people are renouncing American citizenship by sumedh on Saturday August 07, 2021 @12:40AM (#28095733)
No you should first understand the cause of the suicides before lumping them with the rest of the developed world.
Re:Wealthy people are renouncing American citizenship by betaby on Thursday August 05, 2021 @08:55AM (#28073027)
Re:Wealthy people are renouncing American citizenship by bovermyer on Thursday August 05, 2021 @08:56AM (#28073035)
The UAE sees a lot of wealthy expats from various countries move in.
Re:Wealthy people are renouncing American citizenship by papito on Thursday August 05, 2021 @08:55AM (#28073031)
According to the Bible, nowhere good.
Re:Wealthy people are renouncing American citizenship by jkepler on Thursday August 05, 2021 @09:15AM (#28073287)
What biblical reference are you alluding to? I'm not sure how its relevant to the question of where the rich who leave the USA go?
Re:Wealthy people are renouncing American citizenship by Thiez on Thursday August 05, 2021 @09:28AM (#28073447)
It's all terribly off-topic, but presumably they are talking about Matthew 19:24, which says (ymmv based on your exact translation):

"Again I tell you, it is easier for a camel to go through the eye of a needle than for someone who is rich to enter the kingdom of God.”

Re:Wealthy people are renouncing American citizenship by jkepler on Thursday August 05, 2021 @09:58AM (#28073814)
Thanks. Yes, off-topic. Particularly considering that according to Genesis 13:2, Abraham (key for Paul's argument in Romans 4 for justification by faith) was "very rich in gold, silver, and cattle", and that in 1 Timothy 6, Paul warns Timothy not against riches per se, but against " the love of money".

Biblically speaking, its not whether one is rich or not, but whether one loves (or worships) riches and the associated power, or whether one uses his or her riches to serve God and love one's neighbor. Thus Paul wrote of learning to be content in plenty or in want, and James warns of not showing favoritism to the rich (echoing perhaps the Old Testament command to not pervert justice in favor of the poor or of the rich).

Trying to tie this thread back into the topic.... I guess it was good that when Abram emigrated from Ur in his home country, the Chaldeans Revenue Service didn't have the steep exit tax that the US imposes on rich emigrants.

Re:Wealthy people are renouncing American citizenship by papito on Thursday August 05, 2021 @10:10AM (#28073960)
I should have specified, the New Testament is particularly anti-wealth and pro helping the disadvantaged. The Old Testament is like the internet - you can always find horrible examples to reinforce your beliefs.
Re:Wealthy people are renouncing American citizenship by ttyprintk on Thursday August 05, 2021 @10:16AM (#28074043)
James 5 1-6 came to mind.
Re:Wealthy people are renouncing American citizenship by koonsolo on Thursday August 05, 2021 @09:54AM (#28073764)
Seems like the top of the Catholic Church will not go to heaven then ;)
Re:Wealthy people are renouncing American citizenship by Aunche on Thursday August 05, 2021 @09:17AM (#28073312)
America has one of the most progressive tax system of any country.

https://taxfoundation.org/summary-of-the-latest-federal-inco...

>The top 1 percent paid a greater share of individual income taxes (38.5 percent) than the bottom 90 percent combined (29.9 percent).

IMO, this is one of this is why the American government seems so bad at spending money. It's not their money, so there's little incentive to care if it's misappropriated.

Re:Wealthy people are renouncing American citizenship by trainsplanes on Thursday August 05, 2021 @09:40AM (#28073590)
What percent of wealth does the top 1% possess vs the bottom 90 percent combined?

Wikipedia says the top 1% possesses precisely 38.5% of the country's wealth, so it's more than reasonable that they shoulder at least 38.5% of the taxes. [1] This stat is also from 2016. That divide has grown immensely these past few years.

The stat the Tax Foundation presents is made to make us sympathetic towards people who control basically the entire nation's wealth and pay, frankly, very little. There's a reason they're not putting their wealth in the EU or developed Asian countries--they'd be paying more.

[1] https://en.wikipedia.org/wiki/Wealth_inequality_in_the_Unite...

Re:Wealthy people are renouncing American citizenship by Aunche on Thursday August 05, 2021 @09:49AM (#28073704)
Income and this income taxes are first derivatives of wealth. It doesn't make sense to directly compare the two. The wealthy spend relatively little of their wealth on discretionary spending.
Re:Wealthy people are renouncing American citizenship by sobellian on Thursday August 05, 2021 @10:08AM (#28073926)
Ordinary income is not the first derivative of wealth, capital gains also contribute.
Re:Wealthy people are renouncing American citizenship by trainsplanes on Thursday August 05, 2021 @10:26PM (#28082623)
>The wealthy spend relatively little of their wealth on discretionary spending.

So they have unnecessary wealth just sitting around that they don't need.

Re:Wealthy people are renouncing American citizenship by cblconfederate on Thursday August 05, 2021 @09:52AM (#28073735)
The rest of the world suffers much worse than that. Not only are the rich finding it easier to go to tax havens (because there's no taxation of foreign income), but they are also bleeding their best and most educated (education that they paid for) human capital to the richest cities western europe & us

(also americans overall are rich compared to the rest of the world at this time)

Re:Wealthy people are renouncing American citizenship by Chris2048 on Thursday August 05, 2021 @11:05PM (#28082844)
> get insanely wealthy off the backs of Americans

You could just as well argue America gets insanely wealthy off the backs of globalist foreign labor. But in that case, no "duty" is owed it's just "fair" trade.

Re:Wealthy people are renouncing American citizenship by Fidelix on Thursday August 05, 2021 @08:53AM (#28072994)
Pay back? You mean get robbed a bit more?
Re:Wealthy people are renouncing American citizenship by janeroe on Thursday August 05, 2021 @12:53PM (#28076328)
It's our cow and we're to milk it!
Re:Wealthy people are renouncing American citizenship by Dma54rhs on Thursday August 05, 2021 @09:47AM (#28073671)
American wealth is built upon globalized workforce, you're the next on the ladder that is throat cutting capitalist for the next class.