Monthly Archives: April 2009


Social justice on the one hand demands that taxes be highest on those with the highest income. But practically speaking, there’s a limit to how high those tax rates can go. Those of us with ample capital and high incomes don’t need to live in London or anywhere specifically. We can move, and often do, when tax rates become punitive. Why make home where you have to give up 50% of the product of your work without anything in return? Better to move oneself and one’s capital to a location with more reasonable tax rates and high living standards.


Arena is no longer updated but it remains open as an archive.

Is there room for morals in finance?

The FT's Arena blog is a forum for the debates of the times. Its latest discussion is on money and morals. Is there room for morals in finance? Share your views. Click on Comment to add your contribution.

Related links:
Video series: Money and morals
In depth: London fights for its future
Global financial crisis

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