this post was submitted on 19 Mar 2025
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But the problem is the rich have managed their own taxation for 50 years. They've decided through exercising power on the government that they will pay less and less. As they do so, working class conditions worsen. This has been accelerated through multiple bills and decisions implemented by the rich. The most destructive one recently was the citizens United decision.
Tell me, if it's so easy to just take all your money to Monaco, why would the wealthiest in our country spend so much money and effort to war against the working class for the past 50 years?
Why not just go to Monaco instead of cutting the taxes on rich and corporations again (to still be higher than Monaco)
The taxes are not high enough for a significant part of captialists to leave, but some people do. Of course it is not quite as easy to move, but it is done trivially.