Re: You're all smart people (cough cough)
I agree with this. And I know it's deeply unpopular with many people, but it seems that if you force the rich to pay higher rates of tax the more they earn, they will simply find ways of avoiding it. Surely it's much better to tax them at a lower rate for their higher earnings? You'll still get shed loads of money out of them, but they will be more likely to actually domicile themselves here.