It’s clear from both U-Haul rentals and IRS data that high-income folks, having their selfish self-interest tickled by Blue State taxes, are moving to low-tax (that would be Republican) states – and taking their money with them—big Time.
Morning Update: The Blue State Doom Loop
Today on the Morning Update, Blue States follow a predictable pattern. Take control. Increase spending, add regulations, increase taxes, add new ones, which eventually drive wealth and job creators away. Vermont wanted to be like California. Like New York. And so they are. 00:00 Introduction and Overview of Perrigo’s Business Model01:26 Financial Performance and Challenges … Read more