PWBM’s Richard Prisinzano will speak at a session titled, Millionaire Migration or Merely a Mirage?

You can register to attend and learn more about the four day conference conference here.

“Millionaire migration” has been a hotly debated topic in recent years, but how valid are concerns that a state’s wealthiest citizens are migrating to lower-taxing states? Among those who do move, what role do taxes play in the decision and how does this impact states’ bottom line? This issue becomes only more relevant with enactment of the Tax Cuts and Jobs Act’s $10,000 cap on state and local tax (SALT) deductions. The discussion will address the potential impact of SALT and other tax measures on state and local tax revenues, as well as its impact on demographic trends.

Moderator:

Lauren Sobel, Municipal Research Strategist, Bank of America Merrill Lynch

Speakers:

Richard Prisinzano, Senior Economist, Penn-Wharton Budget Model

Nicole Kaeding, Director of Federal Projects, Tax Foundation

Judy Wesalo Temel, Senior Vice President, Director of Credit Research, Fiera Capital Inc