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Money Minute #42 – Flat Tax In Florence

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What is the most efficient way to attract new money to your country? The answer is to adopt a flat tax system!

In our latest segment of “Money Minute,” we look at Italy’s high tax economy and how they introduced a flat tax system to entice wealthy individuals and families to move to the country.

I’m sure we will see more cases of “wealth arbitrage” as competition for wealthy citizens intensifies over the coming decades.