The Exorbitant Tax Privilege
---- Acknowledgments ----
We thank numerous conference and seminar participants for helpful comments and reactions. Wright is currently employed at HM Treasury but this research is done in a personal capacity. It does not represent the view of HM Treasury. He acknowledges financial support from the American Foundation for the Paris School of Economics. Zucman acknowledges financial support from the Institute for New Economic Thinking, the Laura and John Arnold foundation, and the Sandler foundation. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.