• Phoenixz
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    5 hours ago

    100% tax on anything over 50 million in net worth

    Nobody needs more than that, ever

    • phlegmy@sh.itjust.works
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      3 hours ago

      Sounds great, but they’ll find ways around it.
      Make a micro-company where they’re the sole employee, and claim any purchase as a business expense.

      “For security purposes, the business absolutely requires a 17th mansion to accomodate any employee/s while they reside in New Zealand.”