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Cake day: 2023年6月16日

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  • Around the world, rich people often do relocate personally for tax purposes. One of the reasons we don’t often see rich people in the United States do this is that we have incredibly low taxes compared to the rest of the world. And that’s just nominal tax rates; in practice the super-rich pay almost nothing, which makes it even weirder how rabidly anti-tax they are.

    There is quite a bit of business relocation that happens because companies are lured to different locales through tax abatements.