What is the difference between the wealthy leaving in order to avoid paying their fair share of taxes, and said taxes not even being implemented?
NOTHING.
Either they pay their fair share of taxes and society as a whole benefits, or they leave and other, better entrepreneurs, step in to fill the void.
In the end, net worth taxation is a purely positive gain for society, with zero downsides: the real parasites leave the country, allowing the working class to thrive more effectively.
I have zero sympathy for those who have full ability to pay, but out of pathological, vampiristic greed, choose not to. Net worth from stocks and business assets are NEVER actually earned, they’re the difference between what workers produce in value and what they’re paid for that value; it’s a bloodletting of the working class that economic parasites feed on so they themselves need not labour to become obscenely wealthy.
The working poor don’t choose to be poor, that comes down to political policy choices under a violently coercive economic system that demands that you be profitable to someone else or suffer destitution, homelessness, or even death.
rekabis•54m ago
NOTHING.
Either they pay their fair share of taxes and society as a whole benefits, or they leave and other, better entrepreneurs, step in to fill the void.
In the end, net worth taxation is a purely positive gain for society, with zero downsides: the real parasites leave the country, allowing the working class to thrive more effectively.
I have zero sympathy for those who have full ability to pay, but out of pathological, vampiristic greed, choose not to. Net worth from stocks and business assets are NEVER actually earned, they’re the difference between what workers produce in value and what they’re paid for that value; it’s a bloodletting of the working class that economic parasites feed on so they themselves need not labour to become obscenely wealthy.
The working poor don’t choose to be poor, that comes down to political policy choices under a violently coercive economic system that demands that you be profitable to someone else or suffer destitution, homelessness, or even death.