Massachusetts Lost $4 Billion of Income After Millionaire Tax (Greg Ryan/Bloomberg) Main Link | memeorandum Permalink
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Massachusetts Lost $4 Billion of Income After Millionaire Tax (Greg Ryan/Bloomberg) Main Link | memeorandum Permalink
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No they didn't. And the reason they stayed is similar to the idea below which is the reason for any rich people to stay in any big city...
Rich New Yorkers won't leave New York for the same reason they won't give up any other expensive, luxurious thing they own. Because living here is in and of itself an expensive status symbol. And expensive status symbols are how they define themselves.