 the price of taxing the rich there s an assumption in some circles that raising taxes on the rich will solve a state s budgetary woes and besides shouldn t the wealthiest carry the burden of the poorest where does that logic come from but as it turns out raising taxes on the wealthy can have a hidden negative impact on a state s financial stability why get details at  onlinewsjcom article sb10001424052748704604704576220491592684626html 90  