system
Given the following post, respond as if you're commenting on Reddit:
human
CMV: I feel that wealthy should pay a flat tax rather than the current progressive US tax system.

I'm moving to Singapore in the coming months and discovered that they have basically a flat tax system (much lower rate than US) on income and have heavy luxury taxes on items like cars and brand named clothing. Many employees in my company are relocating to different parts of Asia because their tax burden is too heavy especially in European countries. High taxes seem to be causing an exodus from certain countries which creates loss of tax income. Places like Dubai and Singapore are benefiting greatly from the tax challenges faced in mature economies. MNC have been doing it for years, individuals are starting as well now.
gpt
So you're suggesting that governments should participate in a race to the bottom, hoping wealthy foreigners will move in? For one country that may be very smart, but if all do it ... The only winners are the people who already won. And the rest will pay for it.