Phys.org
In response to increased tax rates, high-income earners often threaten to leave the location of their tax base. But do they actually follow through? A new article in the American Journal of Sociology, “Taxing the Rich: How Incentives and Embeddedness Shape Millionaire Tax Flight,” examines how increased tax rates incentivize top earners to relocate…
Read More
Do increased taxes incentivize the rich to move?
In response to increased tax rates, high-income earners often threaten to leave the location of their tax base. But do they actually follow through? A new article in the American Journal of Sociology, “Taxing the Rich: How Incentives and Embeddedness Shape Millionaire Tax Flight,” examines how increased tax rates incentivize top earners to relocate…