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Shadrach / Ghost of Shadrach
npub15ym…kwwx
2025-01-22 21:47:33
in reply to nevent1q…566s

Shadrach on Nostr: Sure, but combined with another piece of legislation on income taxes, it could make ...

Sure, but combined with another piece of legislation on income taxes, it could make it considerable more expensive for me to move abroad.
Currently I guess I'd pay 10-15% more living in Europe, however if the US shifted the tax burden to tariffs, costs would rise in the US but my take home would be more. Moving over to Europe on the same US wage but paying local taxes would likely make the 10-15% increase more like 40%.
Game theory wise, why would I do that? It was an appealing idea at 10-15%.
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npub15ymzglvv4alrp06q85eqqmawegxf688v0gtqwhjpgtp0a4k2mesqshkwwx