Quote:
Originally Posted by Chula Vista
5,411 people gave up US citizenship in 2016. An all time record number.
https://www.forbes.com/sites/robertw.../#8000937503d6
The US population as of 2015 was calculated as 321.4 million. You want me to do the math for you? Raising the exit tax on 5,000 people isn't going to do squat for the economy. By comparison, raising the estate tax would affect millions of people.
PS: 5,411 represents 0.0017% of the population. Swing and a miss buddy. |
Do you know the net worth of all of those people leaving the U.S.? Some of them own businesses worth hundreds of millions. But the estate tax is easy to evade in comparison, and only a small fraction of the wealthy deal with it at all. Hence why I see it as a non-issue.
Elph might be on to something if both could be revamped.
Quote:
Originally Posted by Frownland
Really does make you wonder what he did in his time with the Obama administration though. Would he make such an overwhelmingly stupid move if he didn't have some kind of precedent of getting away with it? Speculation of course, but Flynn's trustworthiness is not contingent on who his boss is.
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