Tax the Rich. They’re Not Going Anywhere

In 2024, a report by a London-based migration consultancy confirmed what many already saw as a self-evident truth: the wealthy will flee any jurisdiction that raises their taxes. 

This narrative caught on like wildfire. One analysis found there were 10,900 stories based on the report, despite journalists and researchers showing that its methods were hopelessly flawed and its results being directly contradicted by more systematic research from the London School of Economics. Coverage...