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24 sats \ 1 reply \ @SatsMate 13 Aug \ on: Tax the Rich? Not a Good Idea econ
The rich will leave, and they have good enough tax accountants to navigate legal tax loopholes.
They understand the game, and taxing the rich will just create less tax receipts for the current government in power.
Not only do they understand the game, they pay to have the rules changed to their advantage.
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