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rssMB to Left News WireEnglish · 3 hours ago

Massachusetts’s Millionaire Tax Didn’t Lead the Rich to Flee

jacobin.com

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Massachusetts’s Millionaire Tax Didn’t Lead the Rich to Flee

jacobin.com

rssMB to Left News WireEnglish · 3 hours ago
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Zohran Mamdani’s proposal for an additional 2% tax on incomes over $1 million has provoked gloomy prophecies of elite exodus. Yet a similar policy Massachusetts passed three years ago has not caused the rich to flee and has generated significant revenue.

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