These Blue States Have Tried the Elizabeth Warren Model. Their Residents Are Fleeing
Day after day, the middle class keeps leaving California. The wealthy areas such as San Francisco and the Silicon Valley boom. Yet the state has nearly the highest poverty rate in the nation.
In recent years, though, blue states such as California, Illinois, Delaware, Connecticut, Hawaii, Maryland and Minnesota adopted this very strategy, and they raised taxes on their wealthy residents. How did it work out? Almost all of these states lag behind the national average in growth of jobs and incomes. So, if income redistribution policies are the solution to shrinking the gap between rich and poor, why do they fail so miserably in the states? More...
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