you’re saying something there.
supply and demand. the more rich people there is, the harder it’s gonna be to increase the taxes.
in Norway they tried to increase the taxes to over 50% (ridiculous) for certain people. what happened was that they all moved out, and took all innovation with them. Norway is already a country where the taxes are high, and innovation won’t excel, and so on and so forth.
don’t get me wrong. im all for taxes as long as i see the taxes being reflected back to me, and benefits me. but when the taxes becomes so high that prices on everything rises, it’s not sustainable for a «regular» person.