For a wealth tax economic
Migration response is small
Empirical studies of existing wealth and high-income taxes find emigration responses are modest, and well-designed exit rules limit avoidance.
- 10 sources
- 5 people
Where it's been said
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The economist billionaires fear: this is how we get a wealth tax“It's wrong that it's not wrong that they will move. Surely, some of them will know those flows tend to be exaggerated in the public debate, but it's not zero. B”
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Is a wealth tax actually possible?“Like the truth is they can leave, right? And I've always said, and I constantly believe, you know, look at the Abramovich situation, which shows like here's a r”
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Should a Wealth Tax Be Imposed on the Nation's Richest 10% to Stabilise the EconomyFor those earning between 70 and 125, you're only paying £3,000 more tax. Are you really going to leave the country, upsticks, take your children out of school, for paying £3,000 more of tax?
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Why you can tax billionaires more and they won't leave“they can leave if they this country and they can leave if they this country and they can leave if they want the country will still be here and we can tax the as”
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Will the rich leave the UK?“If I'm rich and I own your country, whether I leave or not, my money still comes from you and it's... I’m the least mobile person in the world from a tax perspe”
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The Difference Between Wealth & Income“the rich are the least mobile people on Earth because their money comes from you what they need is for you to leave so let's say these super rich people they le”
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They Own Our Assets #Shorts @OwenJonesTalks“well it didn't work for Roman Abramovich well it didn't work for Roman Abramovich well it didn't work for Roman Abramovich did it”
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Can We Tax The Rich?“if the rich people leave and the reason they're rich is because they own all of our assets well the assets are still here and we can still choose to tax those a”
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How growing BILLIONAIRE wealth affects YOU - Gary on LBC with Clive Bull“just right now as we speak there's a internationally coordinated attempt driven by biden president of the u.s to bring in a minimum tax rate on corporations”
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How to get paid £480million... - Gary on Times Radio with Mariella FrostrupRaised as a counter-argument to rebut. “if we could have that uniformly across europe and in the u.s i think that would do a massive amount to improve economic life for ordinary people”