For years, I have told you that wealthy taxpayers don't just sit there and pay higher taxes. The rich will always escape high tax states and high taxes because they can now. Chris Edwards, a Cato Institute tax expert, lays out the evidence to confirm it. The Democrat governor of New Jersey just raised taxes on the top income bracket there. To result, the top income bracket is joining the tax freedom exodus. Wealthy residents are waiving goodbye to California and Washington,
notorious for high taxes. Connecticut lost multiple multi billionaires after the Democrat governor raised taxes there. New York's governor Andrew Cuomo admits that his state is losing high earners to low tax Florida, but he says it's because of the weather. It's only gonna get worse, says Chris Edwards. The Republican tax plan capped state and local tax deductions, so twenty five million high income families now bear the full tax burden of their high tax states. They're gonna just sit
there and pay it. As more wealthy people leave, what will Democrats do well, They'll raise taxes on those who are remaining, because they never learn and then they'll raise taxes on transportation, and e raise taxes on your bananas, and they're gonna raise taxes on the air that you breathe before it's all said and done, so don't hold your breath. M