• snooggums@lemmy.world
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    4 days ago

    Instead of cutting it they could have just enforced it.

    Plus the odds are fairly high that a significant number of wealthy people complied after the cuts as a tradeoff of good will from the masses for future cuts. If it hadn’t worked out, they could have just gone back to cheating the system harder than they currently do.

    • RowRowRowYourBot@sh.itjust.works
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      4 days ago

      Nah, it’s easier and less risky to not have to park ypur money in theoretically less stable nations with looser banking rules than to have it parked here. We might be too low but there’s no math supporting going back to 70+%.