On Tuesday, October 9, at 5:00 PM, the Scholars Strategy Network and MassBudget are bringing Professor Young to Harvard University to discuss his book, The Myth of Millionaire Tax Flight: How Place Still Matters for the Rich. Join us! You can RSVP to our Facebook event here.
The Myth of Millionaire Tax Flight: A Public Talk with Cristobal Young
- Economy & Public Budgets
- Jobs & Workers
- Economic Growth & Innovation
The economy is growing. Many are doing well. So why is it so difficult to get government to invest in things that could make communities stronger? Why is it so hard to fund improvements to public transportation or increase access to higher education?
One challenge is the false notion that even very small increases in top tax rates cause wealthy people to move away. Professor Cristobal Young of Cornell University did a groundbreaking analysis of millions of tax returns to test that idea -- and his results are stunning.