If their assets are onshore, they’d either have to sell them or be taxed anyway. If their assets are offshore, they probably weren’t paying taxes on them anyway.
If it is income based taxing: they leave, and the demand is filled by someone else who takes their place.
Easy example: grocery store owner A says I don’t like it, moves. Obviously someone else will open a grocery store there if it is needed. They will be taxed accordingly.
How are we going to fertilize our gardens if we don’t keep our shit in a bucket next to the toilet?
The value these pieces of shit bring to the table is far less than the damages caused by the exploitative business practices that made them rich. Taxes are not a sufficient justification for keeping them around.
I understand the hate, but that’s a very shortsighted wish. How do you tax the rich if they leave?
If their assets are onshore, they’d either have to sell them or be taxed anyway. If their assets are offshore, they probably weren’t paying taxes on them anyway.
They wont leave, they are just throwing a tantrum.
If it is income based taxing: they leave, and the demand is filled by someone else who takes their place.
Easy example: grocery store owner A says I don’t like it, moves. Obviously someone else will open a grocery store there if it is needed. They will be taxed accordingly.
What if the rich are a blight that create poverty by sucking up the capital?
They are harder to tax than anyone else.
Take their properties (a lot of it being in housing). Not like they can leave with that.
How are we going to fertilize our gardens if we don’t keep our shit in a bucket next to the toilet?
The value these pieces of shit bring to the table is far less than the damages caused by the exploitative business practices that made them rich. Taxes are not a sufficient justification for keeping them around.