If you tax the rich, they won't leave: US data contradicts millionaires' threats
In the classic Ayn Rand novel Atlas Shrugged, the rich go “on strike” – withdrawing their services and disappearing from society in protest against taxes and regulation. Weary of carrying an ungrateful world on their shoulders, business leaders and other top income earners finally shrug, and leave the world without them. The book’s metaphor inspires political rhetoric to this day: if you tax the rich, they will leave.
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