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[Rstrstx]

5. True, you know a million dollars ain't what it used to be

All I can see it doing is cause a mass exodus of companies out of the US. Now people who make over a million should definitely be taxed more, just not at 100%.

However I am all in favor of an exit tax for people and/or companies that renounce their citizenship or relocate and take their moolah with them. Not fair to make all your money on the back of the US only to flee to some country where the only taxes you'd have to pay are on that cozy little $12,000,000 house on the hill. Same if someone sells their stock before bailing, tax the crap out of them. Make 'em wait at least 5 years.

But I'm sure the Rs would come up with some way of defending the indefensible, that's their specialty.