Where to? Well the article is about the 1% of Americans who pay 40% of the taxes. Places like The Cayman Islands, Bermuda, the Bahamas, Costa Rica, Belieze, Hong Kong and Singapore, and Monaco all come to mind as popular tax havens for the rich.
Probably a significant number are here on green cards, think of all the wealthy Indian’s from high-tech industry. Many of them can go home to India and enjoy lower taxes and lower cost of living. Their market is growing fast, too. So plenty of opportunity to invest and make good profits there.
The endless tax increases that is the only Democratic plan for fixing our budget woes will force people to find alternatives. Like many Freepers I’ve already moved twice, in part to place myself into more tax-friendly states. How many wealthy people (and even the merely productive high wage earning middle class like myself) have bailed on California? One million? More?