Michael Caine explains the laffer curve

I left for eight years when tax was put up to 82 per cent. The newspapers said: "Michael Caine's leaving: let him go, the stupid, overpaid, loudmouth idiot, who cares where he goes?" Well, you didn't get 82 per cent tax from me for eight years and a quarter of a billion dollars worth of movies were outside this country instead of inside it. Now, that is just one stupid, loudmouth moronic actor. Imagine what happens with companies that disappear.

Sir Michael Caine, via The Spectator's Fraser Nelson