rajatsonifnance on Nostr: I've been saying this for a while "The US will increase capital gains tax rates" ...
I've been saying this for a while
"The US will increase capital gains tax rates"
After taxes go up, they will come after taxes on income
Then unrealized capital gains 🤣
This is what leads to "capital flight"
When the wealthy leave, they take all their money, ideas, leverage, and connections with them
Why would the wealthy stay in the US when they pay way more in taxes... vs living somewhere where they can produce whatever they want and pay less in taxes?
"The US will increase capital gains tax rates"
After taxes go up, they will come after taxes on income
Then unrealized capital gains 🤣
This is what leads to "capital flight"
When the wealthy leave, they take all their money, ideas, leverage, and connections with them
Why would the wealthy stay in the US when they pay way more in taxes... vs living somewhere where they can produce whatever they want and pay less in taxes?