What do we do when the rich decide to go into hiding in the USA?
Why leave? Many could coast for a very long time and not draw attention to themselves and drop off the targeted list. Convert wealth to land, gold. Stop worrying about beating the markets, capital gains, interest income, “unearned income” as Pelosi puts it. Get rid of the rental income.
Start new businesses designed not to make money, not to employ people, but to get to zero capital gains, zero income taxes.
A large percentage of Americans have been convinced that the wealthy are evil and greedy. Let Americans do without their creativity and investments.
The problem with the idea of the wealthy and the capable divesting themselves and going "into hiding" is: To whom will they sell their efficient little business, their patents, their investments - and at what price?
They'd have to see at a loss - towards the end of the mass exodus of "high performers," at a big loss.
Regards,