user2664322563237796545 :
The reality is there’s no good answer and any potential answer would take at least 10 years, likely 30 to see the effects of, and it would require things out voters can’t comprehend. Currently, most people think billionaires and generally wealthy people need to be taxed MORE, not less. Well why would anyone want to take less pay to live in Canada (that has horrible weather, no tech and science environment, etc) just to GIVE EVEN MORE OF THAT TO THE GOVERNMENT which spends it wildly inefficiently? But good luck convincing voters that we actually need to lower taxes, not raise them. In general we’d need to supercharge incentives for smart or wealthy people to stay here. We need to 10x the incentives for entrepreneurship here. Our investing environment is non existent. You could spend 6 months here attempting to raise funds for your new world changing idea and at the end of that 6 months you’ll *maybe* find an investor who will take eg 10% of your company for $100k, whereas in the states with the same idea you could find someone who will give you $500 for 5% if the company over a lunch that was booked the day before. Entrepreneurs in general are horribly vilified here, and then the outcomes are far worse, less support from like minded people (because they’ve all moved to the states), and then higher taxes at the end of it all. If we wanted even a hope of our best and brightest to stay we would be: lowering taxes massively, drastically increasing incentives for entrepreneurship, fighting TOOTH AND NAIL for US tech cos to set up offices here (via subsidized energy usage, lower tax rates, etc), INCREASING our electrical capacity 100x (look at Chinas Solar addition rate, there’s no competing with that), bringing back free speech, etc. If you’re smart and CAN move to the states currently, there is quite literally no reason to stay in Canada other than friends and family. And unless you see your family every single day, you can quite literally pay to fly back from California every 2 weeks and not even come close to spending the surplus in a year you’d make from moving to the states.
2026-03-21 20:11:19