<i>China has a punishing inheritance tax, really? China has no inheritance tax</i><p>Sorry; proposed inheritance tax.<p><a href="http:&#x2F;&#x2F;www.ibtimes.com&#x2F;chinas-proposed-inheritance-tax-meets-widespread-disapproval-1413240" rel="nofollow">http:&#x2F;&#x2F;www.ibtimes.com&#x2F;chinas-proposed-inheritance-tax-meets...</a><p>My point stands; Canadian interest rates could double and Vancouver house prices wouldn&#x27;t budge; some Canadians would have their homes foreclosed on, but there&#x27;s so much money in the market from China that homes here would still be unaffordable to people working in Canada and paying Canadian taxes.<p>This just isn&#x27;t a &#x27;bubble&#x27;.<p><i>China has no inheritance tax, it also lacks a property tax or even a capital gains tax. Libertarians would love it here if it weren&#x27;t for the police state...</i><p>Nice! This sounds like a pretty good way to game the system; earn all your money in a tax-less free-wheeling libertarian wonderland, cash out, then bring your millions to a place with no wealth tax! The new place will have lots of social services and lots of burdensome income taxes for the locals to pay for them, but you made your money and you don&#x27;t have income to tax! Win!<p>I should figure out how to get in on this.