October 25, 2017

CNN: How Trump’s Policies Could Hurt the Rust Belt

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Rust Belt states Ohio, Michigan and Indiana are not home to large populations of $1 million household income earners. Rather, they’re in the middle or bottom of the pack, according a summary from the Institute on Taxation and Economic Policy. States with a higher percentage of millionaire earners voted for Hillary Clinton in the 2016 election and are near Washington, DC. Only 0.2% of Michigan’s households are expected to earn more than $1 million in 2018, putting it next to last behind West Virginia. In Ohio, the number is 0.5%. In Indiana, it’s 0.4%. Compare that with New Jersey, at 1.2%, the District of Columbia at 0.9% or Maryland at 0.8%. Read more



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