Production, Tax Reform



Sometimes, data tells the biggest story of all. The story of where people move, and why. The story of what drives people to leave one state for another, taking with them their families, their businesses, and their working wealth.


This is the story of How Money Walks.


Written by Pelopidas co-founder Travis H. Brown, How Money Walks uses millions of data-points from the Internal Revenue Service and the U.S. Census Bureau to explore the massive migration of Americans and their adjusted gross incomes.


What began as a book quickly became a movement. All across the nation legislators, CEOs, and civic leaders read the book and downloaded the app, which allows users to see the data all the way down to the county level. This data, which covers nearly two decades, yields a very significant finding: money and people move from high-tax states to low-tax ones. The states that gain working wealth thrive, while those that lose working wealth enter an economic death spiral.


Soon, Brown was accepting invitations to speak to governors’ offices, provide keynote addresses at conventions, and appear on national networks. He has appeared on the Fox Business Network, CNBC, Opening Bell with Maria Bartiromo, NPR’s All Things Considered, Bloomberg News, and CSPAN. Publications including US News and World Report, the Atlanta Journal Constitution, the Fiscal Times, and the Dallas Morning News have cited Brown’s work when reporting on taxes and the economy.


Less than 18 months after its publication, How Money Walks has become a national conversation-starter and an indispensable guide for anyone seeking meaningful tax reform. When data tells the story, the news travels fast.





US News and World Report

The Dallas Morning News

The Fiscal Times

The Guardian

The Atlanta Journal Constitution

New York Magazine




Fox & Friends


NPR’s All Things Considered

Fox Business Network

Opening Bell with Maria Bartiromo

Bloomberg News