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I’m Mike. This is my blog

Wealth Tax Is Stupid

Wealth tax1 is stupid, it really is. For those keeping score, let’s list the reasons… It drives our most successful startup entreprenuers out of the country It destroys value in SME’s with capital intensive businesses It reduces tax revenues German research shows it would be damaging to the economy French analysis shows it leads to higher tax burdens for the non-wealthy It transfers ownership to foreign interests It drives our most successful startup entreprenuers out of the country What happens when your most successful startup founders are expected to pay taxes several multiples of salary on frozen and unrealized value? They have to leave ...

December 4, 2024

Hello World

Hello, this is a first post to get the blog started…

December 2, 2024