Local economic roots anchor high earners against subnational tax flight.
Despite warnings of a millionaire exodus, state-level progressive income and capital gains taxes consistently outperform revenue estimates because wealthy taxpayers remain highly rooted in local networks.
The same conclusion keeps arriving from across the workspace's research — 1 topics independently instantiate this theme. Filter the evidence by where it came from:
Three straight years of certified collections at 2–3x the ballot estimate, with IRS migration data showing no millionaire flight, confirm precisely the rooted-high-earner mechanism this theme asserts for state-level high-earner taxes.
Washington State's upward revenue revisions indicate that high earners are sufficiently rooted to absorb progressive rate hikes rather than fleeing the jurisdiction.
The multi-billion dollar overperformance of Massachusetts' tax amendment proves that localized economic roots prevent the massive tax flight predicted by critics.