World’s Wealthy Pay a Price In Crisis Nations Raise Taxes, Tighten Regulations

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Published in The Washington Post September 14, 2009 by Anthony Faiolav

In this land of inherited privilege and celebrity billionaires, it no longer pays as much to be rich.  Hobbled by soaring debt and ballooning public spending amid the global financial crisis, the British government is joining others around the globe in tapping the wealthy to cover massive shortfalls.

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