New Jersey

Millionaire Tax Didn't Chase the Rich From Jersey, So Why Not a Higher Tax Rate on Pa.'s Top Earners?

A blog post from Stephen Herzenberg, originally published on Third and State.

Anti-tax advocates maintain that higher tax rates on the wealthy lead to millionaire flight. But a study of a 2004 “millionaire tax” in New Jersey shows that, in fact, the rich don’t move to avoid higher taxes.

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