5 ms·

so where are they all going?

betaby 5y ago
Some to Singapore https://www.forbes.com/sites/danielmitchell/2012/05/11/facebook-billionaire-gives-up-citizenship-to-escape-bad-american-tax-policy/?sh=1321e3fe1995 https://www.forbes.com/sites/danielmitchell/2012/05/11/faceb...
papito 5y ago
According to the Bible, nowhere good.
- jkepler 5y ago
  What biblical reference are you alluding to? I'm not sure how its relevant to the question of where the rich who leave the USA go?
  - Thiez 5y ago
    It's all terribly off-topic, but presumably they are talking about Matthew 19:24, which says (ymmv based on your exact translation): "Again I tell you, it is easier for a camel to go through the eye of a needle than for someone who is rich to enter the kingdom of God.”
    - koonsolo 5y ago
      Seems like the top of the Catholic Church will not go to heaven then ;)
    - jkepler 5y ago
      Thanks. Yes, off-topic. Particularly considering that according to Genesis 13:2, Abraham (key for Paul's argument in Romans 4 for justification by faith) was "very rich in gold, silver, and cattle", and that in 1 Timothy 6, Paul warns Timothy not against riches per se, but against " the love of money". Biblically speaking, its not whether one is rich or not, but whether one loves (or worships) riches and the associated power, or whether one uses his or her riches to serve God and love one's neighbor. Thus Paul wrote of learning to be content in plenty or in want, and James warns of not showing favoritism to the rich (echoing perhaps the Old Testament command to not pervert justice in favor of the poor or of the rich). Trying to tie this thread back into the topic.... I guess it was good that when Abram emigrated from Ur in his home country, the Chaldeans Revenue Service didn't have the steep exit tax that the US imposes on rich emigrants.
      - papito 5y ago
        I should have specified, the New Testament is particularly anti-wealth and pro helping the disadvantaged. The Old Testament is like the internet - you can always find horrible examples to reinforce your beliefs.
      - ttyprintk 5y ago
        James 5 1-6 came to mind.
bovermyer 5y ago
The UAE sees a lot of wealthy expats from various countries move in.
the_lonely_road 5y ago
New Zealand it seems. An island country of 5 million with some of the most expensive real estate and highest suicide rates of the developed world.
- mkl 5y ago
  Where did you get that statistic? According to https://en.wikipedia.org/wiki/List_of_countries_by_suicide_rate https://en.wikipedia.org/wiki/List_of_countries_by_suicide_r..., the USA's suicide rate is ~40% higher than NZ's.
- sumedh 5y ago
  > highest suicide rates of the developed world. If I am not mistaken most of those suicides are among the Maori people not the white people of NZ.
  - richwater 5y ago
    Yea thanks for clearing that up. The native people don't count.
    - sumedh 5y ago
      No you should first understand the cause of the suicides before lumping them with the rest of the developed world.
anovikov 5y ago
UAE for effectively zero taxes. New Zealand as it is rumoured although i don't believe it - for someone not rich enough to own a private jet where you can properly sleep, it is TOO far away from... just about anywhere. Singapore. Some of the Southern and Eastern Europe for those not rich enough.

Some to Singapore https://www.forbes.com/sites/danielmitchell/2012/05/11/facebook-billionaire-gives-up-citizenship-to-escape-bad-american-tax-policy/?sh=1321e3fe1995 https://www.forbes.com/sites/danielmitchell/2012/05/11/faceb...

papito 5y ago

According to the Bible, nowhere good.

jkepler 5y ago
What biblical reference are you alluding to? I'm not sure how its relevant to the question of where the rich who leave the USA go?
- Thiez 5y ago
  It's all terribly off-topic, but presumably they are talking about Matthew 19:24, which says (ymmv based on your exact translation): "Again I tell you, it is easier for a camel to go through the eye of a needle than for someone who is rich to enter the kingdom of God.”
  - koonsolo 5y ago
    Seems like the top of the Catholic Church will not go to heaven then ;)
  - jkepler 5y ago
    Thanks. Yes, off-topic. Particularly considering that according to Genesis 13:2, Abraham (key for Paul's argument in Romans 4 for justification by faith) was "very rich in gold, silver, and cattle", and that in 1 Timothy 6, Paul warns Timothy not against riches per se, but against " the love of money". Biblically speaking, its not whether one is rich or not, but whether one loves (or worships) riches and the associated power, or whether one uses his or her riches to serve God and love one's neighbor. Thus Paul wrote of learning to be content in plenty or in want, and James warns of not showing favoritism to the rich (echoing perhaps the Old Testament command to not pervert justice in favor of the poor or of the rich). Trying to tie this thread back into the topic.... I guess it was good that when Abram emigrated from Ur in his home country, the Chaldeans Revenue Service didn't have the steep exit tax that the US imposes on rich emigrants.
    - papito 5y ago
      I should have specified, the New Testament is particularly anti-wealth and pro helping the disadvantaged. The Old Testament is like the internet - you can always find horrible examples to reinforce your beliefs.
    - ttyprintk 5y ago
      James 5 1-6 came to mind.

bovermyer 5y ago

The UAE sees a lot of wealthy expats from various countries move in.

the_lonely_road 5y ago

New Zealand it seems. An island country of 5 million with some of the most expensive real estate and highest suicide rates of the developed world.

mkl 5y ago
Where did you get that statistic? According to https://en.wikipedia.org/wiki/List_of_countries_by_suicide_rate https://en.wikipedia.org/wiki/List_of_countries_by_suicide_r..., the USA's suicide rate is ~40% higher than NZ's.
sumedh 5y ago
> highest suicide rates of the developed world. If I am not mistaken most of those suicides are among the Maori people not the white people of NZ.
- richwater 5y ago
  Yea thanks for clearing that up. The native people don't count.
  - sumedh 5y ago
    No you should first understand the cause of the suicides before lumping them with the rest of the developed world.

anovikov 5y ago

UAE for effectively zero taxes. New Zealand as it is rumoured although i don't believe it - for someone not rich enough to own a private jet where you can properly sleep, it is TOO far away from... just about anywhere. Singapore. Some of the Southern and Eastern Europe for those not rich enough.