

It’s not really that powerful, nor is it likely what billionaires are peddling to the politicians. Where would the billionaires go with lower taxes and yet the same secure standard of living? What’s to stop the politicians from raising taxes to 0.1% lower than these mythical low-tax countries with the stability and infrastructure to support their companies? That’s just the bullshit story that is fed to the public.
In reality it’s just what Elon is doing, but historically has been done more privately. “Prop up my business with low taxes, lax regulations, and tasty government contracts or I’ll spend $100M supporting a primary opponent.” And the politicians say “Ok give my wife spouse a board position or something and we can deal.”
Nobody wants Trump as their findom.