taxes

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Do increased taxes incentivize the rich to move?

Credit: Mushtaq Hussain from Pexels In response to increased tax rates, high-income earners often threaten to leave the location of their tax base. But do they actually follow through? A new article in the American Journal of Sociology, “Taxing the Rich: How Incentives and Embeddedness Shape Millionaire Tax Flight,” examines how increased tax rates incentivize

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