taxed

If they are taxed enough, then there is no longer an advantage to using them over human employees.

But no, its not tax deductible as your income was already taxed when you received your income.

Recall that it is not obvious that revenue earned in a country that is not America should be taxed by America.

Because all that money that is getting taxed over a million a year would disappear.

Money after $11,700/year would be taxed at a higher rate] to do that since it'll cost hundreds of billions otherwise:p [e.g.

The point of that was to make it so that you're taxed on changes in the book value of your venture.

Many countries (such as Canada and Germany) have reciprocal income tax treaties with the United States that keep citizens from being double-taxed.

The author claims she was double taxed by the Swiss and American governments.

In most countries wages are more heavily taxed than products, which balances the spending towards buying more things rather than employing more people.

The wealth tax in Switzerland is quite low, the fact that capital gains are not taxed more than makes up for the wealth tax.

Americans can be taxed for income earned outside the country.

You'd get an annual salary of $350k, taxed low by the way because top capital gains tax rates are much lower than top tax rates on labor.

Furthermore, it has been estimated that the costs of implementing tax-avoidance strategies are roughly equal to the (gross) revenue raise.” But, even if this premise is not true (that there’d a positive net difference in the revenue raised), that’s assuming that the rich will maintain the same level of spending before they die, which may not be the case if they will get taxed on it when they die.

"Recall that it is not obvious that revenue earned in a country that is not America should be taxed by America." Hey, remember that time when france tried to tax all the Google revenue not earned in france by claiming google ireland has a permanent establishment in france (and then claims google owes it a billion in tax when the max google possibly earned was a total of 237 million in google france?)?