4 ms·

By the same logic, income tax comes from working, which is how productivity gets done! Besides, what are the wealthy going to do with their excess wealth excep

• ruggeri 4y ago
  That might be true if they couldn't move wealth outside the country. But a concern is that those with savings might move money out of the country to invest in jurisdictions with lower capital gains tax. One view is that this tax jurisdiction forum-shopping creates a race to the bottom.
  • snovv_crash 4y ago
    It's the same for workers, they can just perform their labour outside of the country and they would create a much larger problem.