2026-08-06 17:33 UTC
@GeofCox@climatejustice.social @charette@mstdn.ca
There are always concerns that if you increase taxes on the wealthiest they will move elsewhere, but I think it just as likely that those other places will see that they too can tax their own wealthiest more.
Replies (2)
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@charette@mstdn.ca 2026-08-06 18:23
@Nina_cried@mastodonapp.uk Quote: Major economic and sociological studies—including comprehensive analyses of millions of tax returns—show that raising taxes on the rich causes very few of them to leave. Tax flight happens, but only at the margins, meaning the vast majority of high earners stay put.
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@peterbrown@mastodon.scot 2026-08-06 19:06
@Nina_cried@mastodonapp.uk @GeofCox@climatejustice.social @charette@mstdn.ca no evidence that anybody moved out of the USA during the 50s & 60s to avoid tax. In fact, America has experienced consistent inward migration for the last 200 years..