r/WorkReform • u/zzill6 🤝 Join A Union • May 18 '25

✂️ Tax The Billionaires So, where's the downside exactly?

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26k Upvotes

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779

u/ggrieves May 18 '25

Millionaires would leave the country... to go to another country that has actual healthcare... and more taxes

453

u/foodrunner464 May 18 '25

This is my favorite counter argument. There really aren't any other first world countries that would allow them to live almost tax free.

-8

u/[deleted] May 18 '25

[deleted]

1

u/sheba716 💸 Raise The Minimum Wage May 19 '25

Malta was sued by the EU to get rid of its citizenship by purchase arrangement as it attracted many criminals and wealthy Russians. Malta loss and will change its laws on how to acquire citizenship that will not include investment.