Running from the taxman? To what?
Changing tax rates nearly always has consequences, some of which are intended, some of which are not. If we are to believe anti-tax advocates, taxes inhibit economic development, distort our economy, and cause people to “vote with their feet” by moving to a place with lower rates. Usually these claims are mere assertions without data to support them. Could taxes be the reason that New Mexico has seen population growth stagnate in recent years after decades of growth? The answer is a resounding no, according to a new research report.