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yanderekko | 2 years ago

As a response they move their wealth overseas and renounce their citizenship if necessary. What strategy from the banana republic playbook would you like to see the State employ next?

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amrocha|2 years ago

Renouncing citizenship is a taxable event. If they don't pay up then arrest them. It's literally that simple.

kortilla|2 years ago

If it’s that simple, do you care to list out all of the countries that do this?

jimnotgym|2 years ago

Then deny them access to the US market. That will bring them back

yanderekko|2 years ago

It will bring them back to have their wealth arbitrarily expropriated? Yeah I doubt it. Never mind that it's unclear what it means to "deny them access to the US market" when these people are acting via working for / owning corporations. You're going to deny big corporations access to US markets based on the financial profiles of their owners? You're going to expect foreigners in general to surrender all their wealth in order to access US markets? Good luck enforcing that.

baq|2 years ago

That’s exactly what I had in mind when I said it’s legally impossible