Young, Cristobal; Varner, Charles - In: Public Finance Review 43 (2015) 2, pp. 226-234
This response discusses the findings and criticisms in Cohen, Lai, and Steindel (CLS). Despite the skeptical tone of their article, the CLS analysis confirms our core conclusion of a small (or very small) migration effect of the millionaire tax. The range of estimates reported by CLS, including...