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FlyingSquid , 18 days ago It wasn’t done nationally, but the U.S. state of Massachusetts did it recently and it was quite successful. Once again, the rich people with their Boston penthouses and Cape Cod beach homes didn’t want to leave. cbsnews.com/…/massachusetts-millionaires-tax-free… They raised $1 billion off of the relatively small number of rich people living in that state when the U.S. as a whole is taken into account. There’s just no question to me that such taxes work. And the more places you implement them, the harder it will be to escape them.
It wasn’t done nationally, but the U.S. state of Massachusetts did it recently and it was quite successful.
Once again, the rich people with their Boston penthouses and Cape Cod beach homes didn’t want to leave.
cbsnews.com/…/massachusetts-millionaires-tax-free…
They raised $1 billion off of the relatively small number of rich people living in that state when the U.S. as a whole is taken into account.
There’s just no question to me that such taxes work. And the more places you implement them, the harder it will be to escape them.