Hedge fund manager John Paulson is considering moving to Puerto Rico for lower taxes than he pays in New York, Bloomberg News reports.
If it happens, it will be more proof of the falsity of the headline over last month's New York Times column by James B. Stewart, "The Myth of the Rich Who Flee From Taxes." Alas, no one seems to have bothered to notify Mr. Paulson that it was actually a "myth," and he's really not supposed to think about moving.