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Cake day: March 2nd, 2025

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  • Because generally speaking they aren’t that hit. Sweden, for example, removed its wealth and inheritance tax reeal fast once it was introduced in the 90s.

    Norway introduced such measures with their current government and suddenly you have a ton of wealthy Norwegians finding their way to Switzerland. So yes, you do see it happening, and the more you’ll increase it the more likely they are to move and take their resources with them. I’m not arguing that we shouldn’t gax the rich, of course, but that it needs to be globally coordinated (which it will never be)










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