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If this tax regime was put in place, people would find other ways to shelter their money; I don't think the government would end up with a significant windfall.
by cmiles74 11y ago
If this tax regime was put in place, people would find other ways to shelter their money; I don't think the government would end up with a significant windfall. Maybe they'd invest in their company or start a new company and invest in that. I'm sure that with such a large income, they would have many places to put that money.
- joslin01 11y agoI agree, which is more reason against it.