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The Myth of Millionaire Tax Flight: how place still matters for the rich

Hosted by the International Inequalities Institute and LSE Law

Sheikh Zayed Theatre, New Academic Building,

Speakers

Dr Cristobal Young

Ed Miliband MP

Discussant

Dr Andrew Summers

Discussant

Chair

Professor Nicola Lacey

If taxes rise, will they leave? In his new book, Cristobal Young publishes the findings from the first-ever large-scale study of migration of the world’s richest individuals, drawing on special access to over 45mil US tax returns, together with Forbes rich lists. He shows that contrary to popular opinion, although the rich have the resources and capacity to flee high-tax places, their actual migration is surprisingly limited. Place still matters, even in today’s globalised world.

Cristobal Young (@cristobalyoung5) is Assistant Professor of Sociology, Stanford University. His article Millionaire Migration and Taxation of the Elite won the ASA’s Granovetter Award for Best Article in Economic Sociology 2017. His new book, The Myth of Millionaire Tax Flight: How Place Still Matters for the Rich was published in October 2017.

Ed Miliband (@Ed_Miliband) is the Member of Parliament for Doncaster North and was leader of the Labour Party from 2010-2015. He served in the Labour Cabinet from 2007-2010 and was previously Chairman of HM Treasury’s Council of Economic Advisors. He holds an MSc in Economics from LSE and a BA from Oxford University. (Please note Ed's attendance is subject to parliamentary business)

Andrew Summers (@summers_ad) is Assistant Professor of Law, LSE. His teaching and research specialises in the taxation of wealth.

Nicola Lacey is School Professor of Law, Gender and Social Policy, LSE. She is a Fellow of the British Academy and was awarded a CBE for services to Law, Justice and Gender Politics in 2017.

The International Inequalities Institute at LSE (@LSEInequalities) brings together experts from many LSE departments and centres to lead critical and cutting edge research to understand why inequalities are escalating in numerous arenas across the world, and to develop critical tools to address these challenges.

LSE Law (@lselaw) is an integral part of the School's mission, plays a major role in policy debates & in the education of lawyers and law teachers from around the world.

Twitter Hashtag for this event: #LSEtaxflight

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