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Expecting billionaires to ever pay seems naive. The amount you're threatening to tax them is literally the resources they have to mitigate that tax. If you wan
by whywhywhywhy 5y ago
Expecting billionaires to ever pay seems naive.
The amount you're threatening to tax them is literally the resources they have to mitigate that tax. If you want to tax them say 7 million, it's worth spending 6.5 million if it got that bill down to anything lower than 500K and if you ever had a way to hold them at gunpoint to get them to pay, they'd just move themselves and their HQ another country.
Taxes are only for the working class and the middle class.