In other words, wealth taxes work exactly as libertarians warned: They generate far less revenue than anticipated and result in the ultra-rich hopping to fairer locales that don't see them as cash cows to milk.
Here in Massachusetts, they just recently passed a "millionaires tax" because nothing makes liberals happier than taxing "somebody else." New Hampshire is waiting, Boston professionals.
1 comment:
A bunch of rich people got the hell out.
Wow, 30 of them. Seismic! That's almost as many as in a single high school classroom.
Post a Comment