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Reply to "Do you think taxes will increase to pay for the nation's debt?"
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[quote=Anonymous][quote=Anonymous]If you try to tax the truly wealthy, they will just leave. It’s better that they stay and hire staff and buy goods here.[/quote] Econ 101. And, basic human psychology. Nobody sticks around long when they have more attractive options elsewhere. Look at the exodus from California, New Zealand, etc. to environments with lower taxes and more opportunities for people with ambition, as opposed to appeal to those who prefer to be dependent on government largesse instead of their own productivity. [/quote]
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