Has the limit been reached? Norway raised wealth tax → 50 billion dollars in assets left for Switzerland → the state treasury became 450 million dollars poorer. California wants to tax billionaires more heavily → 30% of taxpayers have already left → expected loss: 25 billion dollars. The Netherlands further increases Box 3 → people are leaving → bringing in 4 billion euros is becoming an illusion. This is the Laffer curve in action. An economic law that has existed for 50 years, and is still being ignored. Therefore, to taxpayers, policymakers, investors, and politicians: at least read up on the subject before you decide. Read our latest newsletter and sign up immediately: bloklandfund.substack.com/p/de...…
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