> The reason is simple: labor has less options. Capital can mostly go where it pleases - if it is taxed too much it might flee the country. That's not a law of

> The reason is simple: labor has less options. Capital can mostly go where it pleases - if it is taxed too much it might flee the country. That's not a law of nature, just an artifact of the current legal regime. It would definitely be a challenge to update the law to make it harder for capital to hop between jurisdictions to avoid tax, but it's also a challenge to collect individual income tax, so I think it'd be doable if the political will was there.