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fusiongyro
on Oct 9, 2012
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French Entrepreneurs Revolt
That's a myopic view of economics. How could it improve things to have the group with all the money leave, taking it with them?
ucee054
on Oct 9, 2012
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They can be prevented from taking it with them.
Try renouncing US citizenship; you'll have to pay a big penalty to the IRS to do so...
fusiongyro
on Oct 9, 2012
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Yes, but people are starting to do it. People who get wealthy tend to care about their money a lot, and are very willing to do the math and see if the big penalty at departure is higher or lower than the sustained penalty of staying.
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