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As an EU citizen I suggest a note: some EU countries have HIGH succession taxes, some have NONE. Those with high succession taxes historically have a much movin
by kkfx 2y ago
As an EU citizen I suggest a note: some EU countries have HIGH succession taxes, some have NONE. Those with high succession taxes historically have a much moving population than those who have none, historically, not anymore.
The world change and it's not taxes making people move, I think it was Churchill who say taxing is like putting feet in a bucket and trying lifting alone pulling the handle, that true. To have a dynamic economy we need an evolutionary mood. We need tech changes, and INDIVIDUAL ability to change.
In a world where few big actors own anything and all others essentially conform to their offer or die they can't be no mobility, the economy can't work for long.
I've moved because I've look for something else, in a world where anything is the same and from Tokyo to New York you see the same buildings, brands etc, why moving? In a world where anything is decided by giants why moving, I can't create anything or at least creating small things that work demand much effort for little results with a looming Damocles sword of some big who might want to erase or not my creation.
Without a middle class, rich enough to have margin to move autonomously experimenting, falling and still being afloat without having water up to the throat there is no dynamism. It's the very opposite of the current economic vision, people do not move effectively because they are forced by the economy, people move because they want. Forcing means just trying to replicate a phenomenon without having a clue about it's nature.