lionkoy5555@lemmy.world to No Stupid Questions@lemmy.world · 1 month agoIs it really possible to tax the rich?message-squaremessage-square81fedilinkarrow-up11arrow-down10file-text
arrow-up11arrow-down1message-squareIs it really possible to tax the rich?lionkoy5555@lemmy.world to No Stupid Questions@lemmy.world · 1 month agomessage-square81fedilinkfile-text
minus-squarenutsack@lemmy.worldlinkfedilinkarrow-up0·1 month agothey would threaten to move all operations to somewhere like the Cayman Islands which makes no fucking sense
minus-squaremeowgenau@programming.devlinkfedilinkarrow-up0·1 month agoThey can threaten all they want, it’s simply not possible. If it actually was possible, they’d have done that a long time ago.
minus-squaregerbler@lemmy.worldlinkfedilinkarrow-up0·1 month agoLike it or not they have assets here. If they move their operations overseas and evade taxes they can enjoy having their assets seized and their IP confiscated.
they would threaten to move all operations to somewhere like the Cayman Islands which makes no fucking sense
They can threaten all they want, it’s simply not possible. If it actually was possible, they’d have done that a long time ago.
Like it or not they have assets here. If they move their operations overseas and evade taxes they can enjoy having their assets seized and their IP confiscated.