Could higher taxes cheer up the rich?

A mansion tax could be one way of making the rich happier.

It's experiences, not possessions, that make us happy. So why do I keep buying things I don't need like the speedboat I have now, finally, sold?

Over and over again, as Gaby Hinsliff reminds us in The Times, researchers into the economics of happiness reach the same conclusion: "buying stuff isn't nearly as fulfilling as people think, but buying experiences time with friends, say works".

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