They can move out of the country but they cannot move out of the world. An international wealth tax CAN be done, the only obstacle is mere political will.
And it must be said, the ability for the rich to take their assets and leave has been greatly over-stated, since much of it is in the form of land.
Extreme wealth must be taxxed, or we will all live in desperate poverty.
They can’t also move the assets that makes them rich. What’s Amazon going to do? Close business in Spain to avoid the taxes??
Exactly. Humanity will not survive like this. I have no problem with somebody building a successful business and making a few millions, but excessive wealth hording needs to stop. These people are holding essential resources of our planet hostage, while billions suffer.
