@Hisah. Yes, I saw the billionaire tax exile. Some Americans are opting for states such as Texas while fleeing California or New Jersey which now has an "exit tax". So, we have intra-national suburbanization.
The French do not have that luxury and are fleeing to Belgium and Russia. One of the links I shared some time back spoke of a major boxing match taking place in China due to taxation. South East Asia is seeking an influx of Americans and Europeans who are seeking employment and investment opportunities. Americans are taxed on world-wide income, so the need to renounce citizenship. Here, we have international suburbanization.
Tax revolts have taken place numerous times over history. One of the most popular was the "Boston Tea Party". It all began with the British Parliament imposing a Stamp Tax on the American colony in 1765 to fund the war with France. Later on was the Tea Act of 1773 which triggered the "Boston Tea Party". Bourne out of this was the Revolutionary War and the 1776 Declaration of Independence.
hisah wrote:@kk - that's some really interest stuff. I wonder where 'sururbia' will be in future... Did you see the French billionaire who renounced his citizenship for Belgium in order to escape taxes as well as move his entire biz empire?! Had a look at the Patriot Act, which will penalize citizen renouncement due to tax avoidance? It's becoming a tax economy everywhere as innovative capitalism is smashed without regard!
Global recovery = Taxes cesspool