Recent research shows income tax increases cause little or no interstate migration. <\/strong>Perhaps the most carefully designed study to date on this issue concerned the potential migration impact of New Jersey\u2019s 2004 tax increase on filers with incomes exceeding $500,000. 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. At most, the authors estimated, 70 tax filers earning more than $500,000 might have left New Jersey between 2004 and 2007 because of the tax increase, costing the state an estimated $16.4 million in tax revenue. The revenue gain from the tax increase over those years was an estimated $3.77 billion, meaning that out-migration \u2014 if there was any at all \u2014 reduced the estimated revenue gain from the tax increase by a mere 0.4 percent.<\/li>\n<\/ul>\n <\/p>\n","protected":false},"excerpt":{"rendered":"
Anti-tax politicians keep repeating that, when taxes go up, rich people go elsewhere. They claim that when states raise taxes, millionaires leave in droves,<\/p>\n","protected":false},"author":3,"featured_media":22829,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[93,16,1253,946],"tags":[1888,1887,1306],"yoast_head":"\n
The myth of millionaire tax flight: Debunked<\/title>\n<meta name=\"description\" content=\"Do millionaires move to lower-tax states when their tax rates go up? No, say several studies.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/occasionalplanet.org\/2013\/02\/26\/the-myth-of-millionaire-tax-flight-debunked\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The myth of millionaire tax flight: Debunked\" \/>\n<meta property=\"og:description\" content=\"Do millionaires move to lower-tax states when their tax rates go up? No, say several studies.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/occasionalplanet.org\/2013\/02\/26\/the-myth-of-millionaire-tax-flight-debunked\/\" \/>\n<meta property=\"og:site_name\" content=\"Occasional Planet\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Occasional-Planet-325800656245\/\" \/>\n<meta property=\"article:published_time\" content=\"2013-02-26T13:00:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2013-02-22T18:09:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/occasionalplanet.org\/wp-content\/uploads\/2013\/02\/moneybags.gif?fit=480%2C196&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"480\" \/>\n\t<meta property=\"og:image:height\" content=\"196\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/gif\" \/>\n<meta name=\"author\" content=\"Gloria Shur Bilchik\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Occas_Planet\" \/>\n<meta name=\"twitter:site\" content=\"@Occas_Planet\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Gloria Shur Bilchik\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/occasionalplanet.org\/2013\/02\/26\/the-myth-of-millionaire-tax-flight-debunked\/\",\"url\":\"https:\/\/occasionalplanet.org\/2013\/02\/26\/the-myth-of-millionaire-tax-flight-debunked\/\",\"name\":\"The myth of millionaire tax flight: Debunked\",\"isPartOf\":{\"@id\":\"https:\/\/ims.zdr.mybluehost.me\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/occasionalplanet.org\/2013\/02\/26\/the-myth-of-millionaire-tax-flight-debunked\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/occasionalplanet.org\/2013\/02\/26\/the-myth-of-millionaire-tax-flight-debunked\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/occasionalplanet.org\/wp-content\/uploads\/2013\/02\/moneybags.gif?fit=480%2C196&ssl=1\",\"datePublished\":\"2013-02-26T13:00:39+00:00\",\"dateModified\":\"2013-02-22T18:09:06+00:00\",\"author\":{\"@id\":\"https:\/\/ims.zdr.mybluehost.me\/#\/schema\/person\/7257fb92fde9344f61be5ebfb8ddcbe8\"},\"description\":\"Do millionaires move to lower-tax states when their tax rates go up? No, say several studies.\",\"breadcrumb\":{\"@id\":\"https:\/\/occasionalplanet.org\/2013\/02\/26\/the-myth-of-millionaire-tax-flight-debunked\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/occasionalplanet.org\/2013\/02\/26\/the-myth-of-millionaire-tax-flight-debunked\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/occasionalplanet.org\/2013\/02\/26\/the-myth-of-millionaire-tax-flight-debunked\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/occasionalplanet.org\/wp-content\/uploads\/2013\/02\/moneybags.gif?fit=480%2C196&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/occasionalplanet.org\/wp-content\/uploads\/2013\/02\/moneybags.gif?fit=480%2C196&ssl=1\",\"width\":480,\"height\":196},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/occasionalplanet.org\/2013\/02\/26\/the-myth-of-millionaire-tax-flight-debunked\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ims.zdr.mybluehost.me\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The myth of millionaire tax flight: Debunked\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ims.zdr.mybluehost.me\/#website\",\"url\":\"https:\/\/ims.zdr.mybluehost.me\/\",\"name\":\"Occasional Planet\",\"description\":\"Progressive Voices Speaking Out\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ims.zdr.mybluehost.me\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/ims.zdr.mybluehost.me\/#\/schema\/person\/7257fb92fde9344f61be5ebfb8ddcbe8\",\"name\":\"Gloria Shur Bilchik\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ims.zdr.mybluehost.me\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/283a0a7167cfd841ffdc523ad82ceb25?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/283a0a7167cfd841ffdc523ad82ceb25?s=96&d=mm&r=g\",\"caption\":\"Gloria Shur Bilchik\"},\"description\":\"Gloria Shur Bilchik is a freelance writer and community volunteer in St. Louis, Missouri. She is the editor of Occasional Planet. She views the preservation of democratic values and progressive programs as vital to making the US a humane, livable place for her children and grandchildren.\",\"url\":\"https:\/\/occasionalplanet.org\/author\/gloria-shur-bilchik\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The myth of millionaire tax flight: Debunked","description":"Do millionaires move to lower-tax states when their tax rates go up? No, say several studies.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/occasionalplanet.org\/2013\/02\/26\/the-myth-of-millionaire-tax-flight-debunked\/","og_locale":"en_US","og_type":"article","og_title":"The myth of millionaire tax flight: Debunked","og_description":"Do millionaires move to lower-tax states when their tax rates go up? No, say several studies.","og_url":"https:\/\/occasionalplanet.org\/2013\/02\/26\/the-myth-of-millionaire-tax-flight-debunked\/","og_site_name":"Occasional Planet","article_publisher":"https:\/\/www.facebook.com\/Occasional-Planet-325800656245\/","article_published_time":"2013-02-26T13:00:39+00:00","article_modified_time":"2013-02-22T18:09:06+00:00","og_image":[{"width":480,"height":196,"url":"https:\/\/i0.wp.com\/occasionalplanet.org\/wp-content\/uploads\/2013\/02\/moneybags.gif?fit=480%2C196&ssl=1","type":"image\/gif"}],"author":"Gloria Shur Bilchik","twitter_card":"summary_large_image","twitter_creator":"@Occas_Planet","twitter_site":"@Occas_Planet","twitter_misc":{"Written by":"Gloria Shur Bilchik","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/occasionalplanet.org\/2013\/02\/26\/the-myth-of-millionaire-tax-flight-debunked\/","url":"https:\/\/occasionalplanet.org\/2013\/02\/26\/the-myth-of-millionaire-tax-flight-debunked\/","name":"The myth of millionaire tax flight: Debunked","isPartOf":{"@id":"https:\/\/ims.zdr.mybluehost.me\/#website"},"primaryImageOfPage":{"@id":"https:\/\/occasionalplanet.org\/2013\/02\/26\/the-myth-of-millionaire-tax-flight-debunked\/#primaryimage"},"image":{"@id":"https:\/\/occasionalplanet.org\/2013\/02\/26\/the-myth-of-millionaire-tax-flight-debunked\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/occasionalplanet.org\/wp-content\/uploads\/2013\/02\/moneybags.gif?fit=480%2C196&ssl=1","datePublished":"2013-02-26T13:00:39+00:00","dateModified":"2013-02-22T18:09:06+00:00","author":{"@id":"https:\/\/ims.zdr.mybluehost.me\/#\/schema\/person\/7257fb92fde9344f61be5ebfb8ddcbe8"},"description":"Do millionaires move to lower-tax states when their tax rates go up? No, say several studies.","breadcrumb":{"@id":"https:\/\/occasionalplanet.org\/2013\/02\/26\/the-myth-of-millionaire-tax-flight-debunked\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/occasionalplanet.org\/2013\/02\/26\/the-myth-of-millionaire-tax-flight-debunked\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/occasionalplanet.org\/2013\/02\/26\/the-myth-of-millionaire-tax-flight-debunked\/#primaryimage","url":"https:\/\/i0.wp.com\/occasionalplanet.org\/wp-content\/uploads\/2013\/02\/moneybags.gif?fit=480%2C196&ssl=1","contentUrl":"https:\/\/i0.wp.com\/occasionalplanet.org\/wp-content\/uploads\/2013\/02\/moneybags.gif?fit=480%2C196&ssl=1","width":480,"height":196},{"@type":"BreadcrumbList","@id":"https:\/\/occasionalplanet.org\/2013\/02\/26\/the-myth-of-millionaire-tax-flight-debunked\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ims.zdr.mybluehost.me\/"},{"@type":"ListItem","position":2,"name":"The myth of millionaire tax flight: Debunked"}]},{"@type":"WebSite","@id":"https:\/\/ims.zdr.mybluehost.me\/#website","url":"https:\/\/ims.zdr.mybluehost.me\/","name":"Occasional Planet","description":"Progressive Voices Speaking Out","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ims.zdr.mybluehost.me\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/ims.zdr.mybluehost.me\/#\/schema\/person\/7257fb92fde9344f61be5ebfb8ddcbe8","name":"Gloria Shur Bilchik","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ims.zdr.mybluehost.me\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/283a0a7167cfd841ffdc523ad82ceb25?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/283a0a7167cfd841ffdc523ad82ceb25?s=96&d=mm&r=g","caption":"Gloria Shur Bilchik"},"description":"Gloria Shur Bilchik is a freelance writer and community volunteer in St. Louis, Missouri. She is the editor of Occasional Planet. She views the preservation of democratic values and progressive programs as vital to making the US a humane, livable place for her children and grandchildren.","url":"https:\/\/occasionalplanet.org\/author\/gloria-shur-bilchik\/"}]}},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/occasionalplanet.org\/wp-content\/uploads\/2013\/02\/moneybags.gif?fit=480%2C196&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/occasionalplanet.org\/wp-json\/wp\/v2\/posts\/22814"}],"collection":[{"href":"https:\/\/occasionalplanet.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/occasionalplanet.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/occasionalplanet.org\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/occasionalplanet.org\/wp-json\/wp\/v2\/comments?post=22814"}],"version-history":[{"count":11,"href":"https:\/\/occasionalplanet.org\/wp-json\/wp\/v2\/posts\/22814\/revisions"}],"predecessor-version":[{"id":22884,"href":"https:\/\/occasionalplanet.org\/wp-json\/wp\/v2\/posts\/22814\/revisions\/22884"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/occasionalplanet.org\/wp-json\/wp\/v2\/media\/22829"}],"wp:attachment":[{"href":"https:\/\/occasionalplanet.org\/wp-json\/wp\/v2\/media?parent=22814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/occasionalplanet.org\/wp-json\/wp\/v2\/categories?post=22814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/occasionalplanet.org\/wp-json\/wp\/v2\/tags?post=22814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}