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

  • huppakee@lemmy.world
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    3 days ago

    Leave to some place you know very little about and see where it gets you.

    It’s not an either/or situation, you can stay and just move (a part of) your liquid assets to avoid taxes. A wealthy person cannot be divided over multiple body parts, but their wealth can easily and with barely any effort be spread over multiple places.

    Considering most western countries allow you to deduct your losses, you don’t even need to move your physical assets to avoid paying taxes. Just leave some bad investments in your country of origin and move your profitable investments abroad. If even a well known figure like Steve Jobs can could get away with paying $0 taxes, surely the lesser known of the 1% can realize that too.

    • fushuan@piefed.blahaj.zone
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      3 days ago

      Considering the state Steve Jobs is in… Was that an intentional suggestion to kill themselves? Just checking.