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.

Phoenixz
link
fedilink
32d

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.”

If the UK can do it to the Beatles we can absolutely do it to Musk.

HubertManne
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fedilink
23d

this the way. even just some percent because it would be reoccuring year after year.

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