An Expensive Hobby
Left and Right

Show Me the Money!

A fascinating article about the Rolling Stones:

A lot of our astute moves have been basically keeping up with tax laws, where to go, where not to put it. Whether to sit on it or not. We left England because we'd be paying 98 cents on the dollar. We left, and they lost out.

[Emphasis mine.]

It's amazing how governments keep on implementing such dumb policies to soak the rich ... and then are stunned when the rich pack up and leave.

Link via Greg Mankiw.

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