The exit tax put the fear of god into me. It wasn't in the budget, but with such low growth - and no positive vision for the economy nor any explicit ruling out of an exit tax - you can only work on the basis that it might come back next year.
The government is achieving the downsides of an exit tax, by encouraging entrepreneurs to leave, without actually generating any tax revenue. Worst of all worlds.
The exit tax put the fear of god into me. It wasn't in the budget, but with such low growth - and no positive vision for the economy nor any explicit ruling out of an exit tax - you can only work on the basis that it might come back next year.
The government is achieving the downsides of an exit tax, by encouraging entrepreneurs to leave, without actually generating any tax revenue. Worst of all worlds.
100% correct sadly.