The Left Is Wrong: A Century of Data Shows the Net Result of Taxing the Rich
A new study examined the introduction of state income taxes and their impact on where the wealthy choose to live.
Unsurprisingly, except maybe to Democrats, the rich, and even the not-so-rich, tend to go where they are not punished for being industrious.
Thus, high state income taxes do not translate to higher revenue overall due to the net impact of out-migration.
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