Post AvP8c6VABY5DdRPhAW by ChrisMayLA6@zirk.us
 (DIR) More posts by ChrisMayLA6@zirk.us
 (DIR) Post #AvP8c6VABY5DdRPhAW by ChrisMayLA6@zirk.us
       2025-06-22T08:58:48Z
       
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       Lets be clear; changes to tax laws do not 'force' the wealthy to leave the country.The wealthy are choosing not to increase their contribution to the country they are (currently at least) living in.Sure that is a choice they are free to make, but its their choice; no-one is forcing them into anything.They already have enough money, so refusing to pay higher taxes is a choice about what they wish to support in their (for now) home country!They are not victims!#taxes #politics
       
 (DIR) Post #AvP8c7czztwf825T1M by diekenbrock@digitalcourage.social
       2025-06-22T12:06:10Z
       
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       @ChrisMayLA6 there is also #citizenship-based taxation, which I think is worth to think about: https://en.wikipedia.org/wiki/International_taxation
       
 (DIR) Post #AvP8c8CRs6IktyfmHA by strypey@mastodon.nzoss.nz
       2025-06-22T23:56:39Z
       
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       @diekenbrock > there is also citizenship-based taxationThis is new to me, but I presume the idea that people pay tax on all their income, regardless of which jurisdiction its earned in (in practice or  in theory). How does it work for those with dual citizenship?@ChrisMayLA6
       
 (DIR) Post #AvPd8Rq2RDgs55VNUe by ChrisMayLA6@zirk.us
       2025-06-23T05:38:26Z
       
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       @strypey @diekenbrock The US tax system has (I believe) an allowance for claiming tax has been paid on earnings already (via various double taxation agreements) so that citizens whose earning are taxed by other countries only pay one slice of tax not two