April 30, 2019
The law has raised taxes on a small sliver of predominantly high-income residents of some blue states, but there’s not much evidence that it is doing large-scale damage to the states as a whole.
“A lot of these claims were knee-jerk, political reactions,” said Carl Davis, a tax analyst for the Institute on Taxation and Economic Policy, a left-leaning think tank. “Some perspective is needed on some of the wild claims about how it would damage blue states’ economies.”
Quoted Staff Member
Research Director
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