Comment by prewett

13 days ago

A 36% tax?! Nobody's going to invest in that environment, since the taxes will really sap your effective compounding rate. That's a great way to push all your finance people out of the country.

I think you will find people are investing. And working.

  • And bailing out for the US, understandably, as soon as their hard work starts to pay off.

    Well, that's how it used to go, anyway.