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.
there’s probably plenty of other arguments but that would take the whole day to discuss
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higher taxes drive out the HNWI and UHNWI from initially the state, and if federal, then also the country, decreasing the amount of jobs and money trickling down to the people, lowering the quality of life and eventually driving away the employees also
exactly but that won’t happen over night. it will be a slow shift that most people won’t even notice before it’s too late
i think Norway is a prime example of where the loyalty to the government is so high that we sometimes forget to question the long-term consequences of the actions they oftentimes take.
if you compare Norway and Sweden (two countries very similar on paper but in reality not) you will see why Sweden is doing a lot better in terms of these things compared to Norway
better in what sense? bending the knee more to the corporate?
actually lower taxes and driving innovation and lower prices overall
yeah but i would still argue that it’s better compared to Norway where rely so heavily on the government
i am not saying either is good or bad, just curious :)
fair enough. no country is perfect so yeah
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and then the question comes about the tax money, the distribution and so forth
good, you taxed them and they magically stayed etc
now what? stipends? ubi?
companies will just raise prices more and more, so your life quality will still stay the same
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