How an Earnings Tax Harms Cities Like Saint Louis and Kansas City
"The economics is quite straightforward. By adopting an earnings tax, a city gives businesses and residents an incentive to locate production outside the city. People go where they will obtain the highest after-tax return on their labor or investments."
From the Four Page Policy Briefing linked at the above article:
"An earnings tax is systematically associated with lower city percapita income relative to the surrounding suburbs."
4 comments:
Glad to see you posting again, Jackie! I've missed you.
Welcome back! I hope and pray that all is well as can be.
Thank you, Twoop and Sunny Gun.
My Mom passed away on the 4th. She's in a better place and no longer suffering but it's an adjustment.
She was a precious angel and I loved and STILL love her because she isn't really gone, I just can't see her anymore. I'm glad she's happier now, still miss her little face but glad she's happier now.
I'm so sorry to hear of your Mom's passing, Jackie. My wife and I know all too well what kind of adjustment you're talking about. Lisa's Mom passed away on January 9, and Wednesday would have been my Mom's 75th birthday. Please hang in there.
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