It was happening in France, though the numbers were small - changes in the tax code to reduce/disappear the wealth tax seemed to impact the number of rich peopl

It was happening in France, though the numbers were small - changes in the tax code to reduce/disappear the wealth tax seemed to impact the number of rich people leaving: > On the other hand, tax exile has slowed, the committee noted. Until 2017, the expatriation of individuals subject to the wealth tax was higher than their repatriation. Since 2018 and the implementation of the IFI, the trend has reversed: There were 380 returns against 220 departures in 2020 (470 versus 1,020 in 2016). "It's not a scientific causality, it involves small numbers, but it's a concomitance," Mr. Audenis said. https://www.lemonde.fr/en/politics/article/2022/10/24/the-abolition-of-france-s-wealth-tax-still-has-no-proven-effect-on-the-economy_6001505_5.html https://www.lemonde.fr/en/politics/article/2022/10/24/the-ab...