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deleted15807
Guest
Yes there was a thread yesterday suggesting the loss of millionaires on higher taxes in Maryland. The story was an opinion piece as is usual for the WSJ's protect-the-rich mission. The fact that it was an opinion piece was not noted yesterday (of course). However today the WSJ runs another opinion piece blaming not taxes but the real estate meltdown in Britain though clearly Maryland residents even yesterdays WSJ piece mentions 'No doubt the majority of that loss in millionaire filings results from the recession'.
Britain Loses Half of Its Millionaires
Britain Loses Half of Its Millionaires
.......the rich have been hammered by this crisis, largely because of the plunge in the value of their investments and real estate. As a result, the millionaire population (especially the lower end) is taking a dive.
Early estimates say the millionaire population in the U.S. fell 30% last year. Now, it seems Britains millionaire population has fallen an astounding 50%
Early estimates say the millionaire population in the U.S. fell 30% last year. Now, it seems Britains millionaire population has fallen an astounding 50%