Omar Ocampo

Boston

Researcher at Institute for Policy Studies

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Articles

Opinion: How states can tax their millionaires more - and not lose them to safer havens

1 month ago | marketwatch.com | Omar Ocampo

Outside the BoxMassachusetts shows that states can raise revenue without sending affluent residents packingPublished: May 15, 2025 at 12:59 p.m. ETSome U.S. states are taxing high-income earners to help fund public services. Photo: MarketWatch photo illustration/iStockphotoThe Trump administration and Republican lawmakers in Congress are currently pushing for a massive, 10-year budget bill that would reduce federal tax revenue by $4.5 trillion.
How states can tax their millionaires more — and not lose them to safer havens - Business And America

1 month ago | businessandamerica.com | Omar Ocampo

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Millionaires don’t flee states over higher taxes

1 month ago | nevadacurrent.com | Omar Ocampo

Increasing taxes on high income earners helped raise revenue without hampering the wealth of the millionaire class in Massachusetts and Washington, according to a new policy brief from the Institute for Policy Studies and State Revenue Alliance. A common counter to raising taxes on the rich is that they will simply flee their home states to jurisdictions with friendlier tax codes.
Millionaires Don’t Flee States Over Higher Taxes

1 month ago | counterpunch.org | Omar Ocampo

May 12, 2025 Omar Ocampo Photograph by Nathaniel St. ClairIncreasing taxes on high income earners helped raise revenue without hampering the wealth of the millionaire class in Massachusetts and Washington, according to a new policy brief from the Institute for Policy Studies and State Revenue Alliance. A common counter to raising taxes on the rich is that they will simply flee their home states to jurisdictions with friendlier tax codes.
The Wealthy Don't Leave When States Tax the Rich, But It Sure Does Raise Revenue

1 month ago | smirkingchimp.com | Omar Ocampo

— from Inequality.org Increasing taxes on high income earners helped raise revenue without hampering the wealth of the millionaire class in Massachusetts and Washington, according to a new policy brief from the Institute for Policy Studies and State Revenue Alliance. A common counter to raising taxes on the rich is that they will simply flee their home states to jurisdictions with friendlier tax codes.
Millionaires Don’t Flee States Over Higher Taxes

1 month ago | znetwork.org | Omar Ocampo

Increasing taxes on high income earners helped raise revenue without hampering the wealth of the millionaire class in Massachusetts and Washington, according to a new policy brief from the Institute for Policy Studies and State Revenue Alliance. A common counter to raising taxes on the rich is that they will simply flee their home states to jurisdictions with friendlier tax codes.
The Wealthy Don't Leave When States Tax the Rich, But It Sure Does Raise Revenue | Common Dreams

1 month ago | commondreams.org | Omar Ocampo

Increasing taxes on high income earners helped raise revenue without hampering the wealth of the millionaire class in Massachusetts and Washington, according to a new policy brief from the Institute for Policy Studies and State Revenue Alliance. A common counter to raising taxes on the rich is that they will simply flee their home states to jurisdictions with friendlier tax codes.
The Wealthy Don't Leave When States Tax the Rich, But It Sure Does Raise Revenue | Common Dreams

1 month ago | commondreams.org | Omar Ocampo

Increasing taxes on high income earners helped raise revenue without hampering the wealth of the millionaire class in Massachusetts and Washington, according to a new policy brief from the Institute for Policy Studies and State Revenue Alliance. A common counter to raising taxes on the rich is that they will simply flee their home states to jurisdictions with friendlier tax codes.
Millionaires Don’t Flee States Over Higher Taxes

1 month ago | inequality.org | Omar Ocampo

These new resources have been invested in educational programs that support early learning, childcare, and free school lunches and community college. In the case of Massachusetts, some of the revenue collected is earmarked towards public transportation. That experience contrasts with the failure of the Great Kansas Tax Cut Experiment that began in 2012. The Sunflower State lagged behind its neighbors in a number of economic categories and experienced revenue shortfalls.
‘Liberation Day’ Tariffs Will Concentrate Wealth Even More

2 months ago | popularresistance.org | Omar Ocampo

Import taxes will be passed onto the consumer. While the rich will prosper from slashed taxes. Trump’s trade policies have been wildly unpredictable in the first two months of his second presidency. Tariff deadlines have come and been delayed with no rhyme or reason, leaving cross-border trade in the lurch.

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