It will be interesting to see what the northern states do when their tax base totally dries up and state finances implode. They will have to do something, out of necessity, to make their profligate states more attractive places to work and live in. A day of reckoning is fast approaching.
“It will be interesting to see what the northern states do when their tax base totally dries up and state finances implode. They will have to do something, out of necessity, to make their profligate states more attractive places to work and live in. A day of reckoning is fast approaching.”
They will just raise taxes as needed to keep up with the drain. Works for illannoy.
States with high taxes and many extremely wealthy people will move more and more in the direction of having only the wealthy elite and the dependent on taxpayers (welfare or govt jobs) living there. Middle class wage earners and small business owners cannot affort housing already in these states and will continue to move to red states. Unfortunately, they often bring their liberal ideas with them.