We’ve talked about taxes quite a bit here. We covered that when Maryland passed a special tax on millionaires, one third of their millionaires disappeared, and the state ended up losing money. When NY passed oppressive cigarette taxes, New Yorkers found ways to evade it, and the state missed their income projections by several country miles. And, we covered that the early 90′s luxury tax cost tens of thousands of jobs, and then the government ended up paying more for unemployment benefits...
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