Places with low taxes usually are shitholes that no one wants to live in… and if a place has high taxes but are a run by an authoritarian who does nothing but keep it for themselves, they are also usually a shithole… but one they can “buy” good graces from and so they’ll usually hang there some if they also can have a home somewhere else in case they lose favor with that authoritarian… so it’s pretty much always a bluff it seems.
In the U.S. nothing would have happened in the first place. Bankers and the wealthy are above the law in the US.
This is also why it’s hilarious when idiots say “RICH PEOPLE WILL LEAVE IF YOU TAX THEM!”
Lol, they get away with everything here. That kind of “freedom” they get away with in the US is priceless.
I think this is a case in every country. I wonder where would they go, if every country would tax them?
Places with low taxes usually are shitholes that no one wants to live in… and if a place has high taxes but are a run by an authoritarian who does nothing but keep it for themselves, they are also usually a shithole… but one they can “buy” good graces from and so they’ll usually hang there some if they also can have a home somewhere else in case they lose favor with that authoritarian… so it’s pretty much always a bluff it seems.