Bar Stool Economics...

[Kasz216]

TheRealMafoo said:

Kasz216 said:

I've seen this thing a few times and I always have the same question.

Where overseas is the atmosphere somewhat friendlier?

Sure places like the UK are less progressive but you end up paying more taxes overall... and you don't pay too much taxes on capital gains in the US where a bunch of people make their money.

So... where are these people moving? Dubai?

 

This is something most people seem to miss too... the US has an extremely progressive taxation scale. 

To use this analogy, let's say if you drank in 4 bars, they divided your income by 4. So buy visiting a new bar ever 4th night, he moves from the richest down to the 8th or 9th richest, and saves a lot of money.

All the countries in the world don't add up all your income, and then figure out your tax rate. If tax is progressive, it makes sense to make your money in more then one country.

Wouldn't that then be the case regardless?