Taxes GOP's SALT cap may speed exodus from high-tax states, report says
By Amy Lieu | Fox News
Americans fleeing tax-heavy blue states at a record pace
Bob Massi explains the migration patterns.
Over the past decade, about 3.5 million Americans have relocated from high-tax blue states like California and those in the Northeast, to low-tax red states like Texas and Arizona -- and the change is likely to accelerate.
So say Arthur Laffer and Stephen Moore, co-authors of a report from the American Legislative Exchange Council, in a Wall Street Journal essay.
For years, high-tax blue states exported 1/3 + of their tax burden to elsewhere. Thankfully, this #SALT subsidy is now capped. It's time for these states to cut taxes & take tax competitiveness seriously! @ALEC_states @NACoTweets @NCSLorg @Taxeconomist https://t.co/CHmENfOgje
— Stephen Moore (@StephenMoore) April 26, 2018
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READ MORE: http://www.foxnews.com/politics/2018/04/26/gops-salt-cap-may-speed-exodus-from-high-tax-states-report-says.html
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