Tax: American citizenship renunciations to benefit UAE and global CBI

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azb1

Entrepreneur
For average Millionaire, most country have very high rate of tax, in some case It is more than 50% ,It is kind of robbery ....Most rich people left the home country due to high taxation and corruption .....incoming days this trend continue to increase......
 

Martin Everson

Offshore Retiree
Staff member
Mentor Group Gold
Elite Member
It will indeed increase as people are more mobile than ever and have access to more information than ever.
 

kkein

Entrepreneur
That does not look good for future travel freedoms. If every average Joe can jump out the tax frying pan of the desperate western states, people control will follow capital control.
Well, there's an easy way around, for the western states: keep incomes low so that most alternatives become not financially viable.
The fewer high income individuals the better.
 
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