How will the ‘Taylor Swift tax’ affect Rhode Island’s economy?

States use tax policy to compete with each other for businesses and jobs. But does it work? Professor Adam Myers from Providence College recently completed a book titled “Coordination Failure” that explores this question. He joins host Edward Fitzpatrick to talk about Rhode Island’s millionaires tax, its “Taylor Swift tax,” and decisions by local companies such as Hasbro to leave the state. Tips and ideas? Email us at rinews@globe.com.

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