Whether it’s expanding access to education and health care, rebuilding roads and cities or making taxes fairer, leaders have many ideas to reduce wealth inequality and promote prosperity. But they remain uncertain about how to solve this crisis while Connecticut simultaneously grapples with a historic debt burden that also threatens its future.
For nearly a decade, it has been the favorite argument of those opposed to higher state taxes for Connecticut’s wealthy — migration. Simply put, if you tax them, they will leave.
But is it true?