The rich are rich because they own real physical assets, like the supermarkets, utilities, factories, etc. It is very difficult for them to move these assets with them overseas.
A really good example of this is Roman Abramovich, a Russian oligarch who owned the Chelsea FC. The UK government sanctioned and froze Abramovich’s assets due to the Russia-Ukraine war, and Abramovich was forced to give away Chelsea FC.
“If we tax the rich, they just move to another country!1!!1!”
Yea, we will tax them there too. And take half of your hoard when they move. You stole long enough from us…
The rich are rich because they own real physical assets, like the supermarkets, utilities, factories, etc. It is very difficult for them to move these assets with them overseas.
A really good example of this is Roman Abramovich, a Russian oligarch who owned the Chelsea FC. The UK government sanctioned and froze Abramovich’s assets due to the Russia-Ukraine war, and Abramovich was forced to give away Chelsea FC.
Shoutout Norway.
Let’s all sign international tax agreement so the rich can’t flee, and if they do : requisition by the workers. Seems fair to me.
Who cares if they flee. The people shall then take control of their assets they leave behind!
The real estate, factories, etc they leave behind. Leave it to the people!
I hate that argument.
“People who are taking more than they give will leave if we ask them to pay their fair share!”
Fucking grand, get out. Or better yet, pay up. Best case, pay and leave.