Do high taxes make rich people move away? (ii)

Via tax.com’s facebook wall, this reuters story is misleadingly titled “Analysis: Americans try to outrun state, local tax hikes.” The first piece of deception is that there is no analysis in the story. The second is that there is no data. Please catch me if I’m just reading too fast, but the only data point seems to be the quote from the accountant that opens the story. The accountant says he’s getting more clients asking about changing their residency for tax purposes.

In contrast, Ezra Klein / The Wall Street Journal did a nice job summarizing a recent empirical study, which concludes the opposite. Look here.

More evidence that the news media has problems accumulating knowledge. Only a couple weeks ago there was coverage of a major empirical study on this question, and now it’s as if it never happened.

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