The Myth of Millionaire Tax Flight - 9781503601147

The Myth of Millionaire Tax FlightHow Place Still Matters for the Rich\nAuthor(s): Cristobal Young\nFormat: Hardback\nPublisher: Stanford University Press, United States\nImprint: Stanford University Press\nISBN-13: 9781503601147, 978-1503601147\nSynopsis\nIn this age of globalization, many countries and [url] states are worried about the tax flight of the rich. As income inequality grows and [url] states consider raising taxes on their wealthiest residents, there is a palpable concern that these high rollers will board their private jets and fly away, taking their wealth with them. Many assume that the importance of location to a person's success is at an all-time low. Cristobal Young, however, makes the surprising argument that location is very important to the world's richest people. Frequently, he says, place has a great deal to do with how they make their millions. \n\n In The Myth of Millionaire Tax Flight, Young examines a trove of data on millionaires and billionairesconfiden.