Money will go, in time and space, where it’s treated well. Money will find its way to locations that offer good property rights laws and low taxes. As laws change and those changes are telegraphed, money and wealth will move in anticipation of those changes.
Arthur Laffer, of the Laffer Curve, is the chairman of Laffer Associates and co-author
Continue reading Taxes: Money Flows in Time and Space to Where It’s Treated Best

