Progressive Politics

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Welcome to Progressive Politics! A place for news updates and political discussion from a left perspective. Conservatives and centrists are welcome just try and keep it civil :)

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TokenBoomer@lemmy.world

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If We Tax Rich People... They Will Just Leave! (youtu.be)

submitted 1 month ago by ShaggySnacks@lemmy.myserv.one to c/progressivepolitics@lemmy.world

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TLDW

Capital flight is ultimately a myth cause the people who complain about high taxes and moving are already not paying taxes.

The vast majority of people aren't going to give up their homes to save a few bucks.

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[–] aesthelete@lemmy.world 26 points 1 month ago

If you can't tax them on it anyway, why even have them around? They're a giant drain on the system.