Clausing: different preferences. migrants choose same places.Kennedy: rational people

#shorts Clausing: People have different preferences. You know, if you look at where immigrants choose to live in the United States, they often go to those same places that you were talking about, you know. So, I do think that there’s movement in both directions.

Kennedy: Yeah, but here’s what, here’s my point. Here’s what I think rational people do, and here’s what I bet all three of you would do, and I bet Sheriff would do, I mean, uh, Sheldon would do it because he’s a smart guy, okay? If he won the lottery tomorrow and won 10 million dollars and paid his taxes and has six million dollars left, he’s going to at least consider, you are too, moving to Florida, because we don’t have a state income tax.

Sheldon: For the record, no, I wouldn’t. Never crossed my mind.”

Kennedy: “Well, most rational, Well, I don’t mean you’re irrational, you know that, but it can be quite rational. Tonight, but when you’re liquid, when you’re liquid and you don’t have to pay a six percent off the top versus zero percent, it’s a rational economic move, is it not?”

On 3/18/2023, UCLA Tax Law and Policy professor and former Biden Administration official Kimberly Clausing testified before the Senate. Louisiana Republican Sen. John Kennedy grilled the progressive tax law professor about why so many wealthy people are fleeing New York City.

other clips of this published longer video is here: <a href=“https://youtu.be/SqUjEVkYjL4\” rel=“nofollow”>https://youtu.be/SqUjEVkYjL4

Clausing: different preferences. migrants choose same places.

Kennedy: rational people

Key Points

• feature=oembed” frameborder=“0” allowfullscreen>

#shorts Clausing: People have different preferences

• You know, if you look at where immigrants choose to live in the United States, they often go to those same places that you were talking about, you know
• So, I do think that there’s movement in both directions
• Kennedy: Yeah, but here’s what, here’s my point