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@enobacon@urbanists.social  ·  activity timestamp 6 days ago
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@enobacon@urbanists.social  ·  activity timestamp 2 months ago

Damn I love nerds. It turns out, the rich don't move because of taxes 🤓 💸 dems quit basing policy on economic delusions challenge.

https://www.wweek.com/news/2025/08/06/county-commissioner-brings-expert-on-millionaire-migration-into-preschool-debate/

Oopsie data! NYT's claims are, in provable fact, utter bullshit:

> there is little evidence that rich people move for tax reasons. After studying returns from 1999 to 2011, Young determined that wealthy people are more of an “embedded elite,” reluctant to move from where they made it big, than “mobile millionaires” uprooting themselves to save on taxes.
^
And that was in the conservative rag Wweek #Portland #TaxTheRich #NYTGTFO #ZohranMamdani #Socialism

https://urbanists.social/@enobacon/115041457741076349

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