The Sovereign Individual called it decades ago: high-tax governments will turn nasty as their revenue base shrinks.
AI is already disrupting hundreds of millions of jobs. Many will lose income and demand more government support - just as the welfare state starts to crack from rising costs and eroding tax revenue.
Expect more coercion: hostage-taking tactics, arbitrary rules, and aggressive citizenship-based taxation to keep wealth trapped (US style).
Low-tax competitors are winning the race: Cayman Islands, Puerto Rico, Cyprus 👀, El Salvador, and other crypto-friendly spots are courting talent with low costs and high value.
Sovereignty isn’t given. It’s chosen.