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Big Taxes Force Big Exodus

March 22, 2019 • Sam Rohrer, William Parker

What are some of the enormous negative economic impacts of high taxes?

In light of the problems of debt in places like CA, IL, CT, NY, NJ when people are exiting instead of coming in, does this even further impact the desperate situation of debt with fewer people paying taxes? Does this bring us back to the concept of debt cancellation or jubilee as the best potential to prevent collapse?