How is taxing the billionaires working out so far?
I have covered the trend of major migration from Democrat states to Republican states in prior episodes. Since then, the reality of a billionaire’s tax has been moving ever closer. Washington State is looking to pass a millionaire’s tax. The net effect of these actions has been an acceleration of billionaires moving to red states such as Texas and Florida. What happens to the U.S. if this migration trend continues? Is it really a good idea to tax billionaires? I thought we were taxing billionaires, so how did we end up with a millionaire’s tax? Are Democrat states putting themselves into a…
The skinny
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