Sounds like a bunch of lame, unsupported excuses to me. Tax them hard!
And if they want to leave, let them leave. America is the primary market everybody wants. If you want to move your company to avoid paying taxes, go ahead, but your access to the American market will end, and the government will confiscate ALL your American assets. Good luck making the same profit in the rest of the world.
Austria, Denmark, Finland, France, Germany, Iceland, Ireland, Italy, the Netherlands, Luxembourg, and Sweden have all repealed them. Wealth taxes survive only in Norway, Spain, and Switzerland.
I’m unsure how America specifically is relevant here.
You can call it unsupported, but the economics literature would just call you uninformed.
We do have some forms of wealth taxing, for example land or building ownership. Home leasing is the one of the few surviving methods of wealth taxing because the rent numbers are clear even over time.
America is the default country on the internet. Whenever somebody makes a country-specific comment on the internet, you can assume they’re from the US, because they’re the only one imagining that they’re the only relevant country in the world.
Sounds like a bunch of lame, unsupported excuses to me. Tax them hard!
And if they want to leave, let them leave. America is the primary market everybody wants. If you want to move your company to avoid paying taxes, go ahead, but your access to the American market will end, and the government will confiscate ALL your American assets. Good luck making the same profit in the rest of the world.
And tax churches, too.
Austria, Denmark, Finland, France, Germany, Iceland, Ireland, Italy, the Netherlands, Luxembourg, and Sweden have all repealed them. Wealth taxes survive only in Norway, Spain, and Switzerland.
I’m unsure how America specifically is relevant here.
You can call it unsupported, but the economics literature would just call you uninformed.
We do have some forms of wealth taxing, for example land or building ownership. Home leasing is the one of the few surviving methods of wealth taxing because the rent numbers are clear even over time.
I’m confused, what does America have to do with anything?
America is the default country on the internet. Whenever somebody makes a country-specific comment on the internet, you can assume they’re from the US, because they’re the only one imagining that they’re the only relevant country in the world.
This post is highlighting the tax rates of European countries, which are them supposed to be compared with the extremely low AMERICAN tax rates.
They’re not tax rates, they’re people’s opinions about tax rates