Yup, a scam that's being sold sold to the naive masses.
Your Billionaireness is measured in net worth, not cash. Do they tax all of it or do they tax savings, income, etc? I'm not familiar with the plan but I guess anyone (with enough resources) who disagrees with it could just swap countries. The government wins, the country loses.
Then, taxes do not go where you think they go. They are mostly allocated to serve politicians' egos nowadays. Spending them free money to undo what the opponent's administration did sounds like a plan. And some candy for the masses.
I'd rather trust them entrepreneurs to distribute the wealth while they spend it on projects, rather than the government. I saw people moaning about money being wasted by throwing rockets at space. By people who cannot get off their satellite-reliant gadgets but that's not the point. The point is, the money were not spent at alien brothels and the like, they were spent on Earth so they can continue to move around here.
With each move being taxed, of course.
Initially, it's sold as...
We get to decide where you spend your money because otherwise you spend them on wants and neglect needs (of society).
And then it turns to...
We get to spend your money on our wants and tell you they are your needs.
If only there was accountability for that...
Now most countries are promoting similar laws...
Everything is so, it's a pity many do not even think about it, the rest do not understand or consider it a conspiracy...
I agree, so do I. However, there is a possibility that they will do the same as the government... Power makes people insatiable. But I would try to trust them. After all, if you do the same thing all the time, it's stupid to wait for another result. And we see that now we are moving in a spiral, gaining momentum of insanity for me...
Yup, you have a point there. Perhaps I was getting a bit idealistic there, instead of realistic.
That is going to be available to all of us going forward. As decentralized network states evolve, we are going to be able to choose what "jurisdiction" we operate under. Hence we get to choose our own laws.
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Some hope is being built. Material boundaries shall still apply, though. At least, there be more and more options.
I think they've got that covered, at least it's what it sounded like after they came out of a meeting abroad one day the last couple of weeks. They are going to charge up to a fifteen percent tax, I don't know if it's on the country or the company's who shelter in low tax countries. I'll see if I can find the link to it.