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Watch the Video/Lyrics for the song Taxman by the Beatles. https://www.youtube.com/watch?v=l0zaebtU-CA&feature=emb_title 1. Imagine being wealthy in a country that significantly taxes high earners. Would they

Watch the Video/Lyrics for the song "Taxman" by the Beatles.

https://www.youtube.com/watch?v=l0zaebtU-CA&feature=emb_title

1. Imagine being wealthy in a country that significantly taxes high earners. Would they move to another country as the Beatles suggest?

2. What would be some reasons to stay?

3. What would the opportunity cost be of moving to another country and could it outweigh the benefit of lower taxes?

4. What are the benefits that one gets from paying taxes?

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