mert
@0xmert
It is genuinely crazy to me that you have to pay taxes on your **illiquid startup equity** to EXIT the communist nation of Canada How the hell is that even legal
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Saadiq
@saadiq
What do you think is a better way? As I understand it, the point is for situations where someone wants to build wealth in say California but then move elsewhere once they have done so to avoid paying back into those things they benefitted from. CA has public mechanisms to support wealth building that are themselves supported by taxes. Texas for example has much lower taxes and is quite attractive for the stock rich. (I don’t think there’s currently an exit tax for US interstate travel but it’s the example I’m most familiar with.) Is there a better way?
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