elissa: “The One Time Received Dividend Deduction”, https://www.irs.gov/pub/irs- soi/O8codivdeductbul pdf 3 Dhammika Dharmapala, C. Fritz Foley, and Kristin J. Forbes: “Watch What | Do, Not What | Say: The Unintended Consequences of the Homeland Investment Act”, NBER Working Paper No. 15023, June 2009, http://www.n

tives to work for both those who pay taxes and those who receive transfers. (55) "A Reassessment of the Relationship between Inequality and Growth," Kristin J. Forbes, M.I.T. Sloan School of Management, 2000 (56) Roy van der Weide and Branko Milanovic, "Inequality Is Bad for Growth of the Poor," July 2014 (57) "T

New Y=rk, N.Y. Richard W. Fisher Federal Reserve Bank of Dallas Dallas, Texas<=r> Thomas S. Foley Akin Gump Strauss Hauer & Feld Washington, =.C. Kristin J. Forbes Associate Prof. of Intl Management Cam=ridge Mass. Michael B.G. Froman Citigroup Inc. New York, N.Y. Francis Fukuyama The Johns Hopkins University