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> some governments go with taxation before u-turning some years later when they’ve driven away or killed whatever it is they were hoping to tax. Examples or I
by downWidOutaFite 3y ago
> some governments go with taxation before u-turning some years later when they’ve driven away or killed whatever it is they were hoping to tax.
Examples or I don't believe that happens, maybe very rarely.
- jarym 3y agoYou're free to choose what you believe, I'm not here to convince you. But one of the older examples is the 'window tax' https://www.parliament.uk/about/living-heritage/transformingsociety/towncountry/towns/tyne-and-wear-case-study/about-the-group/housing/window-tax/ https://www.parliament.uk/about/living-heritage/transforming...
- downWidOutaFite 3y agoA tax from 1696 that was replaced 154 years later? Nothing was driven away or killed so it's not even a proper example.
- jarym 3y agoYou asked for an example. I provided one. The result of this policy was people were bricking up windows and it was eventually undone because it didn't work. So yes, 'windows' were 'killed' and consequently the expected tax revenue that was expected from them. I would counter that it is a valid example. A more recent example in the UK would be the pensions cap which had the unintended effect of sending people into early retirement because it became uneconomical to continue working. This impacted especially doctors in the NHS and contributed to a labour shortage. The government finally corrected the folly 2 months ago.
- andromeduck 3y agoWealth taxee are the classic example. Plenty of countries have tried
- downWidOutaFite 3y agoIf plenty of countries have tried give an example where the rich fled and the country reversed the tax
- jarym 3y agohttps://finance.yahoo.com/blogs/daily-ticker/gerard-depardieu-quits-france-because-high-taxes-173222852.html https://finance.yahoo.com/blogs/daily-ticker/gerard-depardie...
- downWidOutaFite 3y agoone guy. The fact is rich people can afford to live wherever they like more than anyone else. There's no reason for them to leave if they don't want to. But if they do leave and they're famous sometimes they'll take the opportunity to score political points.
- andromeduck 3y agoIt's good to do some research of your own. https://amp.theguardian.com/world/2014/dec/31/france-drops-75percent-supertax https://amp.theguardian.com/world/2014/dec/31/france-drops-7... https://www.businessinsider.com/what-happened-when-the-wealth-tax-was-implemented-in-europe-2019-10?amp https://www.businessinsider.com/what-happened-when-the-wealt... https://www.investorschronicle.co.uk/education/2021/02/11/lessons-from-history-france-s-wealth-tax-did-more-harm-than-good/ https://www.investorschronicle.co.uk/education/2021/02/11/le... https://amp.theguardian.com/world/2023/apr/10/super-rich-abandoning-norway-at-record-rate-as-wealth-tax-rises-slightly https://amp.theguardian.com/world/2023/apr/10/super-rich-aba...
- jarym 3y agoYea I don’t think the poster is particularly interested in doing his own research, only defending his point of view while asking others for examples before finding a reason to pick at them. Thank you for your comprehensive list of links though!