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Posts tagged "millionaire taxation"

Do high taxes drive millionaires away? Not so much.

While in the midst of a presidential campaign season there is a great deal of talk about taxes. In California, we are facing two new tax-related propositions -- Proposition 30 and Proposition 38. Amid the discussions, an interesting analysis of IRS data has taken a look at millionaires and whether or not they are voting with their feet or their pocketbooks or both.

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