Gerard is leaving France and Mickelson may leave California. Atlas is starting to break.

I have included as a category for this post “unintended consequences”. When you tax something you get less of it. This is why tax rates and tax revenue are not the same even though SO many people think they are the same. The Laffer Curve. But upon further reflection, maybe the consequences are intended. Maybe those who want to tax the rich to death really do hate the rich want the rich gone. Maybe they really do want to level the playing field by knocking down all the tallest trees. Tall poppy syndrome…maybe the consequence is intended. Do people really hate others this much? They certainly act like they do.

-JD Cross

Thanks to Mark Perry for posting.