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Outmigration

Debunking The Five Major Myths About Wealth Flight

Recently, multiple news articles, op-eds, and think tank reports have asserted that Massachusetts is suffering an exodus of households, particularly high-income households, fleeing to states with lower taxes. A closely related claim is that outmigrants are taking billions of dollars out of the Massachusetts economy when they leave. These claims about income migration are both overblown and based on a fundamental misunderstanding of the available data. The scary portrayals of population flight are typically connected to calls for tax cuts that overwhelmingly would benefit the wealthiest households.
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