Bankers and lawyers warn of exodus ahead of public vote on 50% rate for the very wealthy.
  • NoneOfUrBusiness@fedia.io
    5·
    17 hours ago

    Yes, with the caveat that if the threshold for taxation is too low it backfires as it reduces the working class’s ability to build up generational wealth. Fortunately 61 million dollars is more than high enough to avoid that, but just saying.