The price war begun by Saudi Arabia and Russia is claiming more collateral damage, including the finances of the state of Alaska (which decades after peak production in the 1980s still pumps around 500,000 barrels per day). The financial crunch is prompting some Alaskan lawmakers to consider imposing a state income tax […]
Tag: economic migration
U.S. state estate taxes chase away billionaires
“Taxing billionaires: Geographical location of the ultra-wealthy in the U.S. is highly sensitive to state estate taxes” By Enrico Moretti and Daniel J. Wilson, courtesy of IZA The United States exhibit vast geographical differences in the degree to which personal income, corporate income and wealth are taxed. There has been much debate in […]