By Keith M. Phaneuf and Clarice Silber
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.
For Republicans — and many moderate Democrats — income and wealth migration is not only a very real threat, but a problem that’s already upon us as Connecticut increasingly raises taxes to cover surging pension costs.
Among labor, urban Democrats and other progressives, however, the millionaire-with-a-suitcase is a myth, a fiscal boogey man used to scare liberals.
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