In May 2015, Tim Cestnik wrote an excellent column in the G&M called "Overtaxing the rich: A cautionary tale". While it focused on how to distribute a tax cut, it could apply equally well to the effect of increasing taxes on the rich.  It is still available on G&M at this location: http://www.theglobeandmail.com/globe-investor/personal-finance/taxes/how-splitting-the-dinner-bill-relates-to-tax-cuts/article24441644/?utm_source=Shared+Article+Sent+to+User&utm_medium=E-mail:+Newsletters+/+E-Blasts+/+etc.&utm_campaign=Shared+Web+Article+Links