top | item 31546693

(no title)

x3iv130f | 3 years ago

Sure, we can just keep on increasing taxes until all the top earners leave for cheaper areas.

I prefer low taxes.

What's there to lose by building towns at a human scale? Personally, I can live without Fauxrari speeding past my door at 2 am.

discuss

order

pmoriarty|3 years ago

Tax Flight Is a Myth: Higher State Taxes Bring More Revenue, Not More Migration:

https://www.cbpp.org/research/state-budget-and-tax/tax-fligh...

refurb|3 years ago

That’s a high quality study!

“It found that while the net out-migration rate of this income group accelerated after the tax increase went into effect, so did the net out-migration rate of filers with incomes between $200,000 and $500,000, and by virtually the same amount.”

That’s their argument high taxes don’t drive people elsewhere?

john567|3 years ago

No it's not. I'm currently contemplating leaving my country of residence because absurd tax rates. I'm a productive member of society and high earner but I'm starting to loose faith in my institutions. If you keep on taxing, and fail your responsibilities, people get fed up and leave, that's what they do. Only the people that don't have the means to leave stay creating a particular nasty downward spiral of people without jobs and home ownership dependent on government subsidies.

forum_ghost|3 years ago

>I prefer low taxes.

Texas is 32rd in terms of tax burden, you will prefer it.

>Personally, I can live without Fauxrari speeding past my door at 2 am.

That’s an enforcement problem. If you think this doesn’t happen in dense cities, with way more sports carts and way more bars, idk what to tell you.

I’ve literally moved to suburbia to escape the city noise. In my case it was fire engines passing by literally every 10 minutes. That’s normal in a dense “human-scale” city centre, but very rare in the suburbs.