Watch the Video/Lyrics for the song "Taxman" by the Beatles. Reflect upon the questions.One-sentence answers do not count. provide thoughtful, detailed answers.

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?