Post #3745983
2026-07-11 19:31 UTC
@tim@union.place I do think they should pay taxes on every penny. Fancy accountants plus tax laws that work best for the ultra rich cheat the country.
So. I'll say no.
Replies (1)
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@tim@union.place 2026-07-11 19:34
@mcahalane@mastodon.world Great point and nuance! This is absolutely a huge problem with the global taxation environment around wealth, as well as the US tax system in particular. Folks object to millionaires/billionaires' taxes because "they'll go elsewhere" - as a global society we should fix that. There should be nowhere to hide. But alas, I am not sure we'll ever see that happening. I also think this effect is grossly exaggerated, as is the impact of their "leaving". They're already hiding the wealth.