this post was submitted on 08 Oct 2023
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[–] [email protected] 3 points 1 year ago* (last edited 1 year ago) (3 children)

The people this law targets aren't the ones committing tax avoidance. And the US social safety net isn't fucked because of a lack money, it's fucked because it doesn't even exist in the law.

The exit tax doesn't do shit to address that. It doesn't pay for anyone's healthcare or magically make the poverty cliff go away. It's a tax on upper income workers. Meanwhile actual rich people get their money through capital gains or loans and don't pay this shit at all.

Oh but I forgot that since I own a small house in a middle class rural neighborhood and drive a Subaru that I'm "rich" so my opinion doesn't mean shit apparently.

[–] [email protected] 2 points 1 year ago

Arguing that allowing the super wealthy to just take all their stuff and leave wouldn’t hurt the system we have now even more than it already does is one of the most asinine things I think I’ve read on the Internet. Congratulations.

[–] [email protected] 1 points 1 year ago* (last edited 1 year ago)

You do pay taxes on capital gains. Just a small correction.

Either that or the IRS owes me some money

[–] [email protected] 1 points 1 year ago* (last edited 1 year ago)

Don't have much of an idea about how the tax system works, do ya?