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points by jmvoodoo 1 day ago | 0 comments
This article is about American wealth inequality so I’ll assume you’re talking about the US. The US already taxes global income, so moving away is not enough. You could renounce citizenship, but then you lose all the benefits of citizenship and you must pay capital gains an all assets whether you sell them or not.

The “they’ll just leave” argument doesn’t really hold up in this case.

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