Michel Del Buono

speaker

515 appearances 1 recordings 1 series first heard May 2026 last heard 22 May

Michel Del Buono’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in May 2026 with 1.

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Wealth tax, where people decide to live.

Let me throw out a few things.

So first, there have been some people that left California, moved to other states, and they've come back.

And this is a personal decision.

But when you asked them why you came back, you said, yeah, saving 10% taxes is nice and all, but my community was here.

So these are very deeply personal things.

I don't think you can sort of make a blanket statement, oh, well, I saved 10%.

Therefore, everyone's going to move here.

It's the same thing with this pieter tax or whatever wealth tax you may implement.

People have to make a trade-off in their head.

Do I like living in New York enough to pay some tax or not?

In some places, Vancouver in Canada had this problem too or problem issue.

If homes were not rented,

They started taxing them quite heavily to sort of make sure there was a supply of rent.

So you've seen these responses everywhere.

But the fact of the matter is that a lot of people with wealth, they have preferences.

And when you have wealth, I mean, obviously, you can do what you want.

It's just a question, do you want to pay or not?

So I don't think that these small things you see are going to massively change.

You know, it's a different story if it was outright banned.

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