Who is onboard for a modest, coordinated, increase in global wealth tax on, let’s say, fortunes above $50 million?

King Abdullah of Jordan picked up the tab for a Christie family weekend at the end of the trip. The governor and two staff members who accompanied him came back to New Jersey bubbling that they had celebrated with Bono, the lead singer of U2, at three parties, two at the king’s residence, the other a Champagne reception in the desert. But a small knot of aides fretted: The rooms in luxurious Kempinski hotels had cost about $30,000; what would happen if that became public?

via In Christie’s Career, a Fondness for Luxe Benefits When Others Pay the Bills – NYTimes.com.

About mkevane

Economist at Santa Clara University and Director of Friends of African Village Libraries.
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