October 27, 2016
A study recently published in the American Sociological Review validates efforts to strengthen investments in education, health and other key areas by cleaning up tax breaks for those at the top. The finding – that millionaires are unlikely to respond to tax increases by moving – is important for Kentucky, where our upside-down tax code (it asks the least of those with the most) has led to deeply underfunded investments.
Millionaires Are Less Likely to Move
The Stanford University authors of “Millionaire Migration and Taxation of the Elite: Evidence from read more