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That's because a lot of what the rich do does not, in fact, generate economic growth.
The Cambrian explosion (around 600 million years ago) did in fact generate many new multicellular organisms with new body plans in a relatively short time (tens of millions of years).
Perhaps banks should produce such specific data voluntarily, so that we actually see that their private equity investments do, in fact, generate significant public benefits with no appreciable risks.
However, they raised effective tax rates by a significant amount on wealthy individuals (3percentt) and on the super-rich (4percentt), moves that would in fact generate very significant revenue.
Thus, the available evidence suggests that big-time sports can in fact generate big-time support for their institutions, far beyond what a narrow accounting of revenues and expenses might imply.
"The expansion will be achieved without relocating existing tenants or any public subsidy, and will in fact generate some $7 million of new tax revenue annually as well as nearly $20 million to benefit the High Line.
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A surface explosion, in fact, generates both ground shock and airblast pressure on a nearby structure.
On-going monitoring indicates that these land use changes are in fact generating the desired services.
But there is scant hard evidence that mergers, hostile or friendly, have in fact generated the promised efficiencies.
In fact, generating electricity accounts for about 40percentt of all the fresh water that is drawn from reservoirs, rivers, and other surface sources in the United States.
A rate of 7% for the revenue officially declared by Google in France (€138m) would translate into less than €10m, which is pocket change for a company that in fact generates about €1.5 billion from its French operations.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com