What all these people fail to mention is that at about the same time as the increase in wealth tax, another tax rule was made stricter. Before nov. 29 2022, you

What all these people fail to mention is that at about the same time as the increase in wealth tax, another tax rule was made stricter. Before nov. 29 2022, you could take your unrealized profits abroad for five years to reset your cost basis for the realized gains tax. Meaning you could essentially spend five years to get rid of your tax burden. This tax amount is significantly larger than the wealth tax. And many of these 100 people moved before that.