States with high taxes are at risk of losing
people, business and money. In fact, conservative economists Arthur
Laffer and Stephen Moore argue that up to 1.3 million people will leave
California, Connecticut, New Jersey, Minnesota and New York over the
next three years and move to states with lower taxes.
The sweeping overhaul of the federal
tax code passed by the Republican-controlled Congress and signed into
law by President Trump in December has left both residents and elected
officials from high-tax states in a precarious position.
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That could turn Texas, others blue. Colorado was supposedly turned blue by California.
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