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Minnesota has taken a big step in unlocking more funds from Congress to secure clean energy projects. The state was under pressure to come up with its share of matching dollars tied to a pair of major federal policies. This week, Gov. ...
Another tax season has wrapped up, and Wisconsin researchers found it is a reminder the state's overall tax structure leaves low- and middle-income families behind. A policy group said data show it is becoming harder for these households to survive. The organization Kids Forward used state Revenue Department information and census data for its new policy brief. ...
In other words, a lot of people with a lot of money are completely full of shit when they say they will move because of taxes
Higher tax rates for high-income households in Massachusetts are not causing them to leave the state, according to IRS data in a new report from the Massachusetts Budget and Policy Center. In fact, the out-migration rate of households in Massachusetts earning more than $200,000 a year between 2011 and 2020 was lower than forty other states. Kurt Wise, tax policy analyst at the center, said tax changes have little impact on where wealthy households choose to live. ...
So, it seems we shouldn’t have been worrying about the exodus of our wealthiest Massachusetts residents after all. Apparently, they’re the only ones who can afford to live comfortably in this state.