0xtr on Nostr: With #Kamala wanting to introduce a 25% captial tax on unrealized gains (wtf?), a lot ...

With #Kamala wanting to introduce a 25% captial tax on unrealized gains (wtf?), a lot of wealth will move out of the US if she wins the election. #Norway, which is a tiny country compared to the US both in terms of population and total wealth, imposed a 1.1% wealth tax and which resulted in a lot of the richest billionaires and multi millionaires moving all their capital out of the country.

https://fortune.com/europe/2024/04/19/wealthy-norwegians-flee-to-switzerland-to-evade-high-wealth-taxes-bankers-following-dnb-abg-sundal-collier/