4 ms·

Such a thing is only logical for them, yes.

• frgtpsswrdlame 9y ago
  I think most of them enjoy the US beyond just our tax rates but if they really are pure citizens of the world who have no interest in the US, then let them leave and raise those tax rates.
  • alehul 9y ago
    They'd be able to move their capital outside the country while still residing inside it, and enjoying the other U.S. benefits. Assuming those with the ability to move their wealth overseas would do so, the people most affected by substantially raising taxes would be those without enough wealth to move it... those outside the top 1%, 0.1%.. whatever super-rich people the policy aims to target. Although it isn't ideal that the wealthy can 'shop around' for the most tax-friendly nations, it certainly happens, and Switzerland is a fine example of that capital flight in effect.