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.

The wealth of the rich is still growing and it will continue to grow automatically until the middle class ceases to exist. If we do not take the assets back, it will become impossible for normal working people to ever buy a house, or have any economic power over their own lives at all - nevermind the political control or the media manipulation.

Extreme wealth concentration is THE biggest issue facing society. Mamdani is absolutely right.

Amazing how easily it’s happened with barely any effort. We could have fixed climate change 50 years ago but the fossil fuel industry wanted their money so now the earth is fucked