2 ms·
>No state but New Jersey. https://www.wsj.com/articles/new-jerseys-tax-gift-to-florida.. https://www.wsj.com/articles/new-jerseys-tax-gift-to-florida.... Most
by opo 8y ago
>No state but New Jersey. https://www.wsj.com/articles/new-jerseys-tax-gift-to-florida.. https://www.wsj.com/articles/new-jerseys-tax-gift-to-florida....
Most people would agree that raising the max tax rate from 8.97% to 10.75%, is not anything like raising the max tax rate from 45% to 75% - never mind that France also instituted a wealth tax.
>...Why are you so biased? High rates of taxation is not bad policy.
All I’ve done is give evidence that countries have learned that very high confiscatory tax rates are counterproductive. (Much as the original article about Hollywood tax avoidance discusses.) You haven’t said what you mean by “high rates of taxation” or give evidence why you think they are good - it isn’t clear why you are accusing anyone else of being biased.