I find this utterly baffling. You're a non-dom and you're complaining that removing that status will mean you have to pay so much tax that you'll leave. Right, well...
From what I've seen, the evidence that the super-rich actually do leave when taxes go up isn't there. So you might leave, but most of your fellows will pay more.
If you aren't paying your tax at the moment, then your argument that you have value to the country is essentially trickle-down economics. You have money, therefore you will spend it or give it to others. Trickle down has been shown to be bullshit.
So. You will leave and take your very small contribution with you. Fine. Most of your friends won't, they will compensate for the loss of your (to you) pittance. If you don't want to pay your share like everyone else, then you are not a loss to this country when you leave. Piss off and don't let the door hit you on the way out.
Billionaires don’t like Ottawa’s capital gains tax hike, but you should: It’s an overdue step toward making our tax system fairer
“We don’t think it’s fair that a teacher or electrician pays taxes on 100% of their income while a multimillionaire pays taxes on only 50%,” said Trudeau
I find the belief that #leftists are mad at the #rich and powerful because of envy is frankly insulting. We don't think anyone should have that much money or power because it turns them into a twisted horrible human being and at some point they had to exploit others or the environment to get that money. If no one has that much money, all of us have a little more. If no one has that much power, ALL of us are a little more power to make our world better.
Why America won’t tax the #rich | Think
Krys Boyd speaks with Michael J. Graetz, professor emeritus at Columbia Law School and Yale Law School on the history of how the modern anti-tax movement has embedded itself with conservative movement, including how it aligned w the Christian evangelical movement. #Taxes#politics#billionaires
Did you know that the 1st mass poisoning was fabricated?
In 331 BC, many #rich men had died & ~200 #Roman women were put on trial.
A slave revealed the truth: the rich ladies were poisoners.
The accused were asked to drink their #poison & promptly died. The officials declared them insane.
The #problem is that this doesn’t make sense.
The women had no political agenda, all wealthy men had food tasters & the accused were willing to drink their potions.
✔️ "The working-class is getting poorer, while the ownership-class is getting richer."
Lower, middle, and upper class definitions simply divide the working-class into income levels, focusing on how much they make rather than how they make it.
This does nothing but divide workers and distract from the real issues of how they're exploited. There are two classes that really matter: the working-class and ownership-class.
"Walking down the long hallways, I took deep, greedy breaths. There was a complete absence of odor, yet somehow the air felt bright, abundant—the opposite of stuffy, the inverse of stale."
"Congressional #Republicans' efforts to cut IRS funding show that they prioritize letting the wealthiest Americans and big corporations evade their taxes over cutting the deficit," said the director of the National Economic Council.
The Internal Revenue Service says it could collect around $560 billion largely from rich tax cheats and big corporations over the next decade—
The NIESR offers more evidence of what we already knew; the #Tories have overseen a major reduction in living standards for the less well-off in the UK.
Government by the #rich for the rich was always going to have this effect, and if you think its merely circumstances & events that have caused this decline in general economic well-being, I'm afraid you've really not been paying attention.
if you want to know how the Tories get away with it - look to our corrupt media!