Cristobal Young explains that the rich do not move when you raise their taxes.
Governments are big compared to the 19th century, but their size has generally been stable over the past several decades, except perhaps in the US.
The bivariate relationship between government expenditures (% GDP) and World Governance Indicators, 2015
A look at the distribution of government revenues to GDP.
We discuss a viral speech by a Dutch writer at Davos, which argues that talk about the need to raise taxes on the rich.