Governor Dayton and the Minnesota legislature are playing fast and loose with other people’s money. They claim that the state can’t get by without $2.5 billion more tax dollars, and “the wealthy” are going to pay the bill.
This article in American Experiment describes a recent event put on by some local CPAs talking about the ins and outs of leaving Minnesota to avoid these higher taxes.
Note well the comments in the article about “Hotel Minnesota”. These are tricks of third world dictatorships, not the USA.
The left dismisses the idea that higher taxes will affect anyone’s behavior, but that is farcical. Of course they will. The only question is how much, and when. The 200 (presumably high income) people who attended this event say they’re thinking hard about taking their hard-earned money elsewhere. Now.