Raising taxes on the rich encourages job creators to skip town. Or so say some economists and policymakers. This week, Professor Cristobal Young dispels the myth of millionaires leaving high tax states and shows the many ways the wealthy are invested in the places they live.
For More on this Topic:
Read Young’s piece in The Washington Post on millionaire taxes. Check out Young’s easy to read book, The Myth of Millionaire Tax FlightFurther Reading:
How States Can Fight Growing Economic Inequality, Megan E. Hatch, Cleveland State University, Elizabeth Rigby, The George Washington University Episode 28: Americans Like Taxes, Vanessa Williamson, Brookings Institution