Impact of increasing taxes: People stay.

Ever wondered what happens when additional taxes are imposed on wealth? According to the data, wealthy people don’t immediately move. They stay put where they built their careers and their lives. This juicy nugget is for those people who still like facts and data. 

Low wage workers move states at a rate of 4.5% while those who earn $1 million or more move states at nearly half that rate, 2.4%.

Governing | Taxing Millionaires Will Send Them Fleeing? Not So Much.