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.”
It’s such a weird argument. “They’ll leave if you tax 'em!” OK, let’s say that’s true. Good riddance, what’s the downside? And seeing over and over that it’s not true, what’s the downside?
Exactly “oh no, the people who would literally strangle a toddler in order to not pay taxes are fucking off”. How awful, let someone else deal with these deadbeat leeches.
“but they take their businesses with them”, so? If there was a need for their business, someone else will fill the hole left behind. Isn’t that the whole idea behind supply/demand? So instead of giant corporations we’ll get smallet locally owned businesses that know you and care about your needs. You know, like in the good old days when 'Murica was great!