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NotThamesWater
Laffer optimum is around 70% supposedly.
As you do, I really take issue with the capital flight argument. I strongly believe that income is largely determined by a bunch of arbitrary factors exclusive of ability. I think that if high-paid executives left the country, their minions would replace them, with only a small short-term loss of productivity as a consequence. People aren't trained to be highly-paid executives, they get there by chance.