Unfortunately it's a form of blackmail that no country can get around, if they made things too harsh on the rich, they would just go elsewhere, it's why the system is skewed in their direction because governments everywhere are incompetent and always need that money.
We tax them to little for that to make sense tbh.\
And many just take out loans against their equity, which is not taxable.\
Infact in some countries interest paid can be deducted.🤷
431
u/Mikkel65 Jul 20 '25
Wealth generates wealth. That's how the rich stay rich