• Pyr_Pressure@lemmy.ca
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    1 year ago

    How does money get “off shore” in the first place?

    Can’t they implement stupid taxes on any money leaving the country? Like 25-50% or something?

    • Alex@lemmy.ml
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      1 year ago

      We had money controls in the 70s but it basically led to poor inward investment and expats waiting for a change of government before coming back to the UK. Why move capital into a country you’re not sure you can take it out afterwards.