Value Subtracted to Canada@lemmy.caEnglish • 4 months agoWhy Canada can't strip Elon Musk of Canadian citizenshipwww.cbc.caexternal-linkmessage-square24fedilinkarrow-up113arrow-down11
arrow-up112arrow-down1external-linkWhy Canada can't strip Elon Musk of Canadian citizenshipwww.cbc.caValue Subtracted to Canada@lemmy.caEnglish • 4 months agomessage-square24fedilink
minus-square@AllNewTypeFace@leminal.spacelinkfedilink15•4 months agoOr just a 99% tax on all wealth over, say, 1bn, belonging to any Canadian citizen regardless of residence. The problem will thus solve itself.
minus-square@xmunk@sh.itjust.workslinkfedilink6•4 months agoIf the UK can do it to the Beatles we can absolutely do it to Musk.
minus-squarePhoenixzlinkfedilink4•4 months ago100% tax on anything over 50 million in net worth Nobody needs more than that, ever
minus-square@phlegmy@sh.itjust.workslinkfedilink1•4 months agoSounds great, but they’ll find ways around it. Make a micro-company where they’re the sole employee, and claim any purchase as a business expense. “For security purposes, the business absolutely requires a 17th mansion to accomodate any employee/s while they reside in New Zealand.”
minus-squareHubertMannelinkfedilink2•4 months agothis the way. even just some percent because it would be reoccuring year after year.
Or just a 99% tax on all wealth over, say, 1bn, belonging to any Canadian citizen regardless of residence. The problem will thus solve itself.
If the UK can do it to the Beatles we can absolutely do it to Musk.
100% tax on anything over 50 million in net worth
Nobody needs more than that, ever
Sounds great, but they’ll find ways around it.
Make a micro-company where they’re the sole employee, and claim any purchase as a business expense.
“For security purposes, the business absolutely requires a 17th mansion to accomodate any employee/s while they reside in New Zealand.”
this the way. even just some percent because it would be reoccuring year after year.