Dear Sir, I just scanned the 80 or so comments on my Letter to the Editor, which was published today (February 15, 2016) under the rubric, “No longer ‘the place’ to reside”. My point was not that wealthy foreigners are leaving — especially those with 30 years of embedded roots here — but, rather, that the very policies that drove corporations from our tepid shores have also discouraged new, wealthy foreign individuals from coming to Bermuda to invest in luxury homes. And, further, that such opulent homes give the island a panache and cache, for example, akin to Aspen, that it cannot otherwise enjoy, and, more saliently, these homes and their owners and guests contribute mightily to the economy by employing an endless tsunami of tradesmen and purchases of the highest-end goods from local retailers, all while paying massive import and land taxes. It is incontrovertible maths that the more wealth on the island, the more will be spent with locals and the better Bermuda’s economy will be.One commenter naively suggested a tax on foreign capital as a solution, but any such tax would produce nothing, as the capital would be judiciously removed before the tax became effective.Taxes are like toxins to wealth; it is Bermuda’s quasi-tax haven status that is the first cornerstone of its prosperity. The way to get money from foreigners is to make them want to be here and to want to spend it here, as Bermuda once did. Wealth attracts wealth, decline spawns decline and, finally, can beget Caribbean-style poverty.Bermuda’s negative regulations, as explained by The Gazette’s compelling editorial, have precipitated a downward economic trajectory, a tragic denouement for those of us who love our long-adopted home. There is a flight of capital worldwide, which is graphically explained in numerous books, for example, Flight of the Golden Geese on Amazon.Sadly, this worldwide flight of capital is not now enriching Bermuda’s penurious coffers. In sum, we again echo the chorus who support The Gazette’s prescient editorial, Without new remedies. May Bermuda have the wisdom to heed its plaintiff, clarion call. THIRTY-YEAR RESIDENTS (AND ALWAYS BERMUDA-LOVERS)