Yet there is surprisingly little evidence to support the proposition that rich New Yorkers would bolt if forced to pay higher income taxes. Though tracking the movement of wealthy taxpayers from state to state is difficult, experts on public finance and migration say they have yet to document a substantial “rich drain” in states that have raised income taxes in recent years.

“At the level we’re talking about, there’s no quantitative evidence that it affects the mobility decisions of affluent taxpayers,” said Douglas S. Massey, a demographer at Princeton University and president of the American Academy of Political and Social Science...

PS---The GAO repoted that 2/3 of US corporations paid NO taxes from 1998-2005. Yet we STILL lost a record number of jobs during that time. Just something to consider when someone argues that U.S. corporations pay the second highest tax rate in the world and that we lose jobs because of it.

Of course no one seems to think our trade policies have anything to do with it...