2 ms·
>capital flight is a real thing. Can anyone provide some examples of it happening in an economy like ours?
by Spare_account 6y ago
>capital flight is a real thing.
Can anyone provide some examples of it happening in an economy like ours?
- topicseed 6y agoNot sure if "France" is an "economy like yours" but they have definitely suffered from capital flight following a wealth tax hike[0][1]. [0] https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1268381 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1268381 [1] https://www.forbes.com/sites/jonhartley/2015/02/02/frances-75-supertax-failure-a-blow-to-pikettys-economics/ https://www.forbes.com/sites/jonhartley/2015/02/02/frances-7...