Experimenting with the Future
London - Here to work with a client organization amid much doom and gloom in the morning papers about the Chancellor's budget proposal yesterday. Lots of angst about the possible 50% top tax bracket and the large and increasing level of public debt.
All of this is igniting a new round of debate about tax policy and entrepreneurial behavior. Different countries are going to be placing different bets on their futures. Will creativity and capital flee for more tax-friendly places, like in the 1960's, or will there be so few places to hide that people stay in place? It's going to be an interesting experiment here and elsewhere.