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    Home»Opinions»Letters to the Editor: Billionaires couldn’t avoid a federal tax by moving to another state
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    Letters to the Editor: Billionaires couldn’t avoid a federal tax by moving to another state

    Team_Prime US NewsBy Team_Prime US NewsMarch 16, 2026No Comments1 Min Read
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    To the editor: Contributing author Veronique de Rugy could have some extent together with her current op-ed, however she backs it up with sloppy logic (“Taxing the rich won’t get us out of this mess,” March 12).

    The primary half of the op-ed focuses on progressives equivalent to Sens. Elizabeth Warren (D-Mass.) and Bernie Sanders (I-Vt.) urging increased federal tax charges and the assertion that this gained’t remedy issues just like the Medicare spending hole. However she helps her level with examples on the state stage, particularly Washington, California and Connecticut, sustaining that billionaires will merely relocate to a different state to keep away from taxes. In fact, billionaires don’t have that choice in the event that they’re taxed on the federal stage.

    Possibly we are able to’t tax our method out of the troubles we’re in, however that assertion must be backed by extra credible scholarship than is obtainable right here.

    Rick Krizman, Santa Monica



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