Isn't that just another myth peddled by wealthy groups? This was a pretty good study and didn't find that effect[1]. Just on the face of it, sure if you're wea

Isn't that just another myth peddled by wealthy groups? This was a pretty good study and didn't find that effect[1]. Just on the face of it, sure if you're wealthier you have greater ability to move but that also means you probably like where you are because you chose to be there. Most of my high school friends dispersed around the country solely for job opportunities, not because they wanted to be somewhere. [1] https://minnesota.publicradio.org/features/2011/02/documents/millionaire-migration.pdf https://minnesota.publicradio.org/features/2011/02/documents... > The New Jersey millionaire tax experiment offers a potent testing ground, given the magnitude of the policy change and the relative ease of relocating to a different state tax regime without leaving the New York or Philadelphia metropolitan areas. Using a difference-in-difference estimator, we find minimal effect of the new tax on the migration of millionaires.