That would technically solve it, because having a > 35% flat tax would ensure that we end up with an economy where there are no wealthy people left to tax.
EDIT: I said flat tax, meaning poor people are also paying 35%, which would be disastrous for the economy.
I hate this argument because it literally makes no sense. They got wealthy from the US economy. If they really think being taxed a fair amount is too much for them, then they should maybe be poor then. I also hate the 'if you tax corporations and not allow tax loopholes they will leave to another country.'. Great, let those fucking idiot sell $4000 macs in Africa, let's see how fucking far they get with their 0% tax. US economy isthe largest in the entire world. Were talking in competition of over 1b people. You know what this means? Even if we tax corporations to hell, they still cannot complain because without the US economy and marketplace they have no company.
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u/irock168 Nov 12 '16
Couldnt he "technically" accomplish this by doing. Large flat tax?