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Myth:
If you raise taxes on the rich, the rich will leave and take all the tax money with them!

Reality:
Where is their wealth in? Assets. Buildings. Infrastructure. Companies. Should they leave, you tax them even more for operating those assets remotely from their tax havens. They’ll come crawling back!

https://www.youtube.com/watch?v=5lXSpKsB09E
#taxtherich #economics