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Millionaire Tax Flight Myth Debunked — Again
// Center on Budget: Comprehensive News Feed
An important study published today conclusively debunks the myth that raising state income taxes on the wealthy causes many of them to flee to lower-tax states. It also shows that repealing state income taxes — a change the American Legislative Exchange Council (ALEC) and others are promoting across the country — likely won't attract rich business owners and workers with sought-after scientific and technological skills, let alone average families.
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