Tag Archives: Manny Pacquiao

If You Raise Taxes On Rich People And Businesses, You Get Fewer Rich People And Businesses

If You Raise Taxes On Rich People And Businesses, You Get Fewer Rich People And Businesses

After Phil Mickelson created controversy with his comments about too-high taxes, professional boxer Manny Pacquiao is refusing to fight in the United States because of our national tax rate. This is what happens when tax rates are prohibitively high. People take their business, and their wealth, to friendly tax climates: Manny Pacquiao’s chief adviser insisted

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