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462 points JumpCrisscross | 1 comments | | HN request time: 0s | source
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Refreeze5224 ◴[] No.45079571[source]
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monero-xmr ◴[] No.45079637[source]
That’s fine if you accept that you can’t force the rich at gunpoint to stay, or seize their wealth upon exit.

But if they do choose to leave, or at least stop expanding their businesses, you can’t deny the rational self interest

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bobsomers ◴[] No.45079987[source]
> But if they do choose to leave, or at least stop expanding their businesses, you can’t deny the rational self interest

"If you tax the rich, they will leave" is a myth created by the rich so that you won't tax them.

In the middle of the 1900s, the tax rate on the wealthiest Americans was 91%.

Nobody is going to leave over Mamdani's extremely modest proposal.

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1. ◴[] No.45080545{3}[source]