Will the rich really run away from higher tax? And if so, does it matter?

Whenever high taxes on the super-rich are up for discussion, we frequently hear the argument (usually from the super-rich or their friends!) that this will result in a devastating loss of talent and investment as these individuals flee the country. But is this really going to happen? And, if some do leave, will it really have serious consequences for the economy? I don’t think so – here’s why …

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