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just put a tax on leaving, duh (infosec.pub)

submitted 1 week ago by not_IO@lemmy.blahaj.zone to c/microblogmemes@lemmy.world

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https://sfba.social/@drahardja/115841080357294931

(page 2) 23 comments

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[–] DarrinBrunner@lemmy.world 7 points 1 week ago

I already bought it, you don't need to keep selling it to me.

[–] Tartas1995@discuss.tchncs.de 6 points 1 week ago

Billionaires and millionaires want to live in safe places. Guess where it is safe? Where the general public has a good relative wealth. Guess what taxes causes...

[–] Mongostein@lemmy.ca 1 points 1 week ago* (last edited 1 week ago)

5 - You’re running cover for pedophiles when you say this.

[+] unknownuserunknownlocation@kbin.earth -7 points 1 week ago (2 children)

Yeah except don't put a tax on them leaving. That amounts to holding them hostage, and will eventually be used as an excuse to apply the tax to everyday people, limiting their mobility (and also their ability to leave the country if it goes rogue). Just let them leave if they really want to.

[–] not_IO@lemmy.blahaj.zone 13 points 1 week ago (2 children)

why would the tax be applied to everyday people, that's a logical leap

[–] unknownuserunknownlocation@kbin.earth 2 points 1 week ago (5 children)

It's already the case in the US. Expatriation costs a couple thousand, and for all practical intents and purposes even more since the IRS then checks every last detail of the last five years of your tax returns looking for any reason to fine you (sometimes "accidentally" making mistakes themselves and hoping you pay the fine anyway), so you're going to want to hire an accountant and/or a tax lawyer to ensure you don't get fucked. This applies to anyone renouncing their citizenship regardless of wealth (or, that is, until a certain level of wealth, after which you're thoroughly fucked if you want to leave the US - and we're not talking billionaire level wealth here, far from it).

[–] howrar@lemmy.ca 2 points 1 week ago (1 children)

I don't understand the argument here. We have a version of this rule that we don't like, so let's not implement a different version that we do like?

[–] unknownuserunknownlocation@kbin.earth 2 points 1 week ago (4 children)

Because of what it fundamentally means. If we accept that it's OK to take away the rights (in this case the right to leave the country) of the ultra wealthy and powerful, it's only a matter of time until the argument is turned around to target those who have less power. Precedents are a thing, after all.

The point is, let's not take anyone's rights. Let's start by ensuring that tax loopholes for the ultra wealthy are eliminated, then increase the taxes on top earners if the financial situation is still dire. If they stay, more for everyone. If they leave, less corruption (which also means more for everyone). So you win either way, and we haven't set any potentially dangerous precedents.

EDIT: and to come back to the US example: those laws were actually introduced in that very vain, to target the very rich. Except that once the idea was seen as acceptable, it was turned into law that applied to everybody.

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[–] RecursiveParadox@lemmy.world 0 points 1 week ago

I'm not sure why people are downvoting you - everything you said is accurate, although not necessarily relevant to the discussion of billionaires. I mean, as @IO said, it is a leap.

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[–] ALiteralCabbage@feddit.uk 1 points 1 week ago

To avoid accusations of some kind of class war, I expect.

Difference being, of course, that this would likely be a progressive tax, like the mansion tax or income, so as to impact the "big fish" and allow movement of others.

[–] Zorg@lemmy.blahaj.zone 4 points 1 week ago

Yes, do let them leave. But tax any wealth over a billion at 100%, and the tax on leaving is 99% of their wealth over a billion.

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