America's tax economics

Crims

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America, the famously capitalist country is starting to increase socialist policies. California, the place which gave birth to silicon valley, is trying to tax the billionaires it has to prevent them from leaving to other American tax havens. Naturally, this is going to raise taxes where ever they migrate to.

This Youtuber is very good at right to repair, and is the only one I've seen doing a highlight on this policy. He's mostly incorrect, as he's treating states like companies vs countries, but the points he raises are good.

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Retro

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Oreo the cat has stolen the show, bless. ❤️ But of course he wanted to sit on the keyboard!

I'll have a proper watch, later.
 

Tiffany

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This will be interesting to watch, thank you @Crims for sharing. I will make time to watch this as soon as I can.
 

Tiffany

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Finally had a chance to watch this video....sorry it took so long. Thanks for sharing.

Oreo the cat did steal the show, but I did get the point. There's such a wide gap between US taxation rules, versus the capitol gains issue on company growth (buy/sell), whereas businesses get in a bind with the choice of selling the business, or keeping it from growing because of the taxes.

Our tax system needs a complete overhaul.
 

Crims

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Finally had a chance to watch this video....sorry it took so long. Thanks for sharing.
Capitol gains issue? a Business scheme no doubt.

@Arantor The prime minister would waffle on about Ukraine and move on to other excursions.
 
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Arantor

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Well, I’m just noting that Boris was formerly a US citizen before renouncing that for the perks of not paying tax. I wonder if that makes him ineligible to be world king, sorry, US President.
 

eidairman1

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America, the famously capitalist country is starting to increase socialist policies. California, the place which gave birth to silicon valley, is trying to tax the billionaires it has to prevent them from leaving to other American tax havens. Naturally, this is going to raise taxes where ever they migrate to.

This Youtuber is very good at right to repair, and is the only one I've seen doing a highlight on this policy. He's mostly incorrect, as he's treating states like companies vs countries, but the points he raises are good.

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Yup because they wont put sanctions on them to not pass those taxes onto the consumer. Globalism is a disease
 
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