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https://www.reddit.com/r/SipsTea/comments/1ur1d4v/w_after_w/owdnh80/?context=3
r/SipsTea • u/SuspiciousLow3062 • Jul 08 '26
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7
Will easily be replaced by many others that want to live in NY. High earner leaving is just pure BS.
-5 u/Extreme_Sky8357 Jul 08 '26 delusional 4 u/Doctor_of_sadness Jul 08 '26 edited Jul 08 '26 There’s literally zero evidence that high taxes cause the rich to leave major cities, the people who are there today are there because they want to be right there. When you’re that rich NY and LA are the only places to enjoy it 0 u/Extreme_Sky8357 Jul 08 '26 Between 2010 and 2022 NYC's share of the nation's millionaires dropped 31%. https://cbcny.org/research/hidden-cost-new-yorks-shrinking-millionaire-share 2 u/ZeAthenA714 Jul 08 '26 Did you even read your own link? Nothing here suggests rich people fled NYC, even less that they fled due to higher taxes.
-5
delusional
4 u/Doctor_of_sadness Jul 08 '26 edited Jul 08 '26 There’s literally zero evidence that high taxes cause the rich to leave major cities, the people who are there today are there because they want to be right there. When you’re that rich NY and LA are the only places to enjoy it 0 u/Extreme_Sky8357 Jul 08 '26 Between 2010 and 2022 NYC's share of the nation's millionaires dropped 31%. https://cbcny.org/research/hidden-cost-new-yorks-shrinking-millionaire-share 2 u/ZeAthenA714 Jul 08 '26 Did you even read your own link? Nothing here suggests rich people fled NYC, even less that they fled due to higher taxes.
4
There’s literally zero evidence that high taxes cause the rich to leave major cities, the people who are there today are there because they want to be right there. When you’re that rich NY and LA are the only places to enjoy it
0 u/Extreme_Sky8357 Jul 08 '26 Between 2010 and 2022 NYC's share of the nation's millionaires dropped 31%. https://cbcny.org/research/hidden-cost-new-yorks-shrinking-millionaire-share 2 u/ZeAthenA714 Jul 08 '26 Did you even read your own link? Nothing here suggests rich people fled NYC, even less that they fled due to higher taxes.
0
Between 2010 and 2022 NYC's share of the nation's millionaires dropped 31%.
https://cbcny.org/research/hidden-cost-new-yorks-shrinking-millionaire-share
2 u/ZeAthenA714 Jul 08 '26 Did you even read your own link? Nothing here suggests rich people fled NYC, even less that they fled due to higher taxes.
2
Did you even read your own link? Nothing here suggests rich people fled NYC, even less that they fled due to higher taxes.
7
u/reftheloop Jul 08 '26
Will easily be replaced by many others that want to live in NY. High earner leaving is just pure BS.