Lindsay Owens, president and CEO of Groundwork Collaborative, said the new data makes clear that “tax flight is nothing more than a myth, and should be given as much credence as flat-earthers.”
“If there was any merit to the myth that tax increases on New York’s wealthy drive them away, the new IRS data should show it,” said Owens. “It doesn’t—New York’s millionaire population kept climbing years after the state raised taxes on top earners.”
They want to live where its nice and safe and clean. Well high taxes goes to that so why would they leave to places with lower tax and higher crime and grime?
Exactly. The article doesn’t explicitly make that point, but it’s like… Lots of people are willing to pay higher rent for an apartment complex with a pool, even if their neighbors also get to enjoy the pool.
I know it’s a metaphor, but I do find it weird that I never lived in an apartment complex with a pool where people actually used the pool.