‘there’s Never Been A Better Time To Move’: Will Cuomo’s Millionaire Tax Persuade The Superrich To Flee New York?
The pandemic has made the idea of pulling up stakes seem even more feasible to high-income taxpayers. : Former President Donald Trump did it — after burning his proverbial bridges in a fiery blaze across Twitter TWTR, +3.23%. But will others follow suit? Amid widening income inequality and a glut of federal spending to address the pandemic, tax policy is now taking up some prime real estate in the daily news cycle.