Taxing “fat cats”


The Rich Can’t Pay for ObamaCare (WSJ 3/30/10)
PDF copy of article
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The 2% Illusion (WSJ 2/26/09)
http://online.wsj.com/article/SB123561551065378405.html
PDF copy of article
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Obama’s Tax Evasion
http://online.wsj.com/article/SB120847505709424727.html?KEYWORDS=capital+gains+tax
PDF copy of article
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Old Money, New Money Flee France and Its Wealth Tax – washingtonpost.com.
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Foreign Direct Investment and the Domestic Capital Stock
(American Economic Review 95, 33-38, 2005)
Desai (2005)
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Christina Romer (2007)

“…we find that a tax increase of one percent of GDP lowers real GDP by about 3 percent, implying a substantial multiplier. An important part of that effect appears to be due to the procyclical behavior of investment”

page 37 of http://www.econ.berkeley.edu/~cromer/RomerDraft307.pdf

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The Rolling Stones have paid just 1.6% tax on their earnings of £242m over the past 20 years.
http://www.thisismoney.co.uk/tax/income/article.html?in_article_id=411323&in_page_id=77

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