>Similarly, the research found no evidence of "millionaire flight" from California and notes that the state continues to attract as much venture capital as all

>Similarly, the research found no evidence of "millionaire flight" from California and notes that the state continues to attract as much venture capital as all other U.S. states combined, despite the recent exodus of Hewlett-Packard and Oracle. People won't even move states within the same country because of taxes, meaning they certainly won't leave the country if federal taxes were raised (a common argument against raising taxes). Therefore, we should dramatically raise taxes on the very wealthy and actually put that money to use improving society instead of letting a handful of billionaires uselessly hoard it. They're not going anywhere.