This paper examines the mobility response of high-income households in the United States to a provision in a 2017 tax law that limited the federal deductibility of state and local taxes. The increase in the effective price of state and local taxes induced by the cap on deductibility caused high-income households to leave high-tax states in favor of low-tax states and to prefer low-tax states to high-tax states conditional on moving. The findings suggest that policymakers should take seriously the prospect that high-income taxpayers may flee states that tax them heavily, which could have long-lasting implications for states’ fiscal positions.

中文翻译：

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国内移民与州税和地方税的有效价格

本文探讨了美国高收入家庭对 2017 年税法中限制州税和地方税联邦扣除额的条款的流动性反应。扣除额上限导致州税和地方税有效价格上升，导致高收入家庭离开高税州而转向低税州，并且在搬家的条件下更喜欢低税州而不是高税州。 。研究结果表明，政策制定者应该认真对待高收入纳税人可能逃离对他们课以重税的国家的前景，这可能对各州的财政状况产生长期影响。