"Three-time gubernatorial candidate and billionaire B. Thomas Golisano is changing his home address to Florida to escape New York income taxes he says cost him nearly $14,000 a day."
That's from 2008 and I don't think he lived in the city, so maybe not exactly a perfect example but all he had to do was "change his home address"?Also, he's claiming he owed ~$5 million a year in taxes. Which is a lot, but he spent $93 million to run for governor, and basically flushed all that money down the loo. He apparently has spent hundreds of millions on various charitable projects. So clearly, the taxes are not really burdensome. He just doesn't think he should have to pay them.
How will higher taxes guarantee that they will be used appropriately?
How are the people guaranteed that officials will not be corrupted to divert that money into other projects?
How will the corruption, the largest problem in modern capitalist economies, be fixed by this?
No real answers, we just have to trust cause hes different?
Democracy is not trust, democracy is control. Don't be fooled.
Of course there is democracy and corruption is much worse in non-democratic countries.
Even the ones you're probably thinking about are capitalist, Russia, Saudi Arabia, Dominican Republic, Haiti, Sudan, etc. All capitalists.
Capitalism creates authoritarianism through corruption as a grey market business practice.
But here's one stat I think illustrates how well it goes in practice: the Taliban in full-blown war caused less victims in Afghanistan than communists did in peacetime (in fact less than half. This, incidentally, is the actual reason the Taliban started fighting the west, not CIA support. Communism is STILL one of the western influences that they state they try to eradicate, and I doubt that part of their agenda is very controversial in Afghanistan. And, of course, western socialists never mention this, and especially don't discuss why or how socialism came to Afghanistan, and how it is the direct cause, not CIA support, of the current situation in Afghanistan and Iran)
And this is not an exception in communism. For instance: "peace" in the Soviet Union killed more people than WW2 did worldwide, including the holocaust, hell, include all conflicts the Soviets ever had and it's still true. Hell, include all conflicts in Europe of the entire 20th century and it was still more. Same in China.
So I feel all rational people can honestly say "even if you're right, capitalist authoritarianism is still better", and given that authoritarianism is almost a basic principle of socialism, certainly in practice, I don't understand where they're coming from in the first place.
These wankers are already optimising to pay as little tax as possible in their home state.
Hence, what does it matter if they threaten to leave or not?
They'll STILL be paying as little tax as possible.
There seem to be three factors: Taxes on HQ, taxes on employees (always in the state where they work) and personal tax-dodging strategies. Go figure.
[0] https://californiaglobe.com/articles/oracle-moving-headquart...
mlinhares•4h ago
fuzzfactor•3h ago
They move there due to peer pressure, not because they like it hot & humid.