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[–] 9-11 ago 

how do you plan on taxing the rich then? they wont spend their money here, they'll take a $100,000 vacation to europe or brazil once a month.... happily enjoying the untaxed cash flow from their investments.

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[–] zambeezy ago 

$100,000 vacation once a month? Doubt it. They'll still be buying their groceries here, still need to buy cars and whatnot here, etc. and that will be taxed.

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[–] 9-11 ago 

i'm sure Mr. Billionaire will be taking a lot of tax free vacations, putting all his untaxed income into his shell company in the caymans, mostly hang out in his yacht he bought in dubai with the money he never paid american tax on in any way.