TL;DW: Had to do more about exit tax than wealth tax.

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[–] 1 point 3 months ago (6 children)

Investments are personal wealth

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  • [–] 1 point 3 months ago (5 children)

    The point was that it does not affect investment decisions

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  • [–] 1 point 3 months ago (4 children)

    Ah, okay, I see what you mean. I suppose they might affect someone's decision to conduct their investments as a citizen of a country with wealth taxes, if they have the financial means to quickly become a citizen of another country.

    To be clear, I do broadly support wealth taxes, I just think they need to be implemented quite carefully to be effective.

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  • [–] 1 point 3 months ago (3 children)

    I suppose they might affect someone's decision to conduct their investments as a citizen of a country with wealth taxes, if they have the financial means to quickly become a citizen of another country.

    I honestly don’t understand what you mean by that.
    You don’t have to a citizen or resident of a country to invest there. Citizenship or residency has no influence on investment decisions beyond perhaps some sense of patriotism.

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  • [–] 1 point 3 months ago (2 children)

    But people with the means to do so can change their citizenship and residency from a country with wealth taxes to a country without them

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