Relevant and even prescient commentary on news, politics and the economy.

Right-Wing Mythology 101: the myth of the rich fleeing taxes

by Linda Beale Right-Wing Mythology 101: the myth of the rich fleeing taxes One of the right-wing’s most cherished myths is that highly progressive taxes will kill state revenues, since the rich who have the money to pay them will simply move to a more accommodating jurisdiction.This is repeated in most conversations I’ve had with […]

Taxes and migration myths

Jared Bernstein writes on the same points on why people move to other states and taxes as Steve Roth and Linda Beale address in their posts today and gives us this evidence  (hat tip rjs): Migration is not common. The migration that’s occurring is much more likely to be driven by cheaper housing than by lower […]