Wall Street Journal: California’s Tax-the-Rich Boomerang A new study shows the 2012 tax hike drove high earners from the state. Must be why Cal-i-for-ni-a is a-covered in feces, paw says! Stanford economists Joshua Rauh and Ryan Shyu analyzed how high earners responded to a 2012 referendum (Prop. 30) backed by Democrats that raised the top marginal rate on taxpayers with more than $1 million of income to 13.3% from 10.3%. The top rates on individuals earning more than $250,000 also rose between one and two percentage points...
WON'T SOMEONE THINK OF THE MILLIONAIRE MIGRANTS?
WON'T SOMEONE THINK OF THE MILLIONAIRE…
WON'T SOMEONE THINK OF THE MILLIONAIRE MIGRANTS?
Wall Street Journal: California’s Tax-the-Rich Boomerang A new study shows the 2012 tax hike drove high earners from the state. Must be why Cal-i-for-ni-a is a-covered in feces, paw says! Stanford economists Joshua Rauh and Ryan Shyu analyzed how high earners responded to a 2012 referendum (Prop. 30) backed by Democrats that raised the top marginal rate on taxpayers with more than $1 million of income to 13.3% from 10.3%. The top rates on individuals earning more than $250,000 also rose between one and two percentage points...