They stay because they can’t afford the gas to leave

September 2nd, 2011 by Joe Kristan

David Brunori, August 17, 2011: “Income Taxes do Not Lead to Out Migration
Illinois Policy Institute report, August 19, 2011 (via Russ Fox):

I regularly deal with clients moving from Iowa to Florida, and the idea that taxes don’t affect where people choose to live strikes me as absurd. Of couse taxes aren’t the only reason people move to Florida; I understand that the weather is nicer there in February. But taxes are definitely part of the discussion. The weather is at least as nice in Southern California as in Florida, but clients with a choice (i.e., it’s not a job transfer) always end up in low-tax Florida.
People respond to incentives. Illinois has created an incentive to do business elsewhere. The only surprising thing about the tax increase hurting jobs is that some people are surprised.

Share

Tags: , , ,