• =?UTF-8?Q?New_York=E2=80=99s_wealthy_warn_of_a_tax_exodus_after_Mam?= =?UTF-8?Q?dani=E2=80=99s_win_=E2=80=93_but_the_data_says_otherwise?=

    From TruthBarker@T.Baker@therehere.org to alt.politics.usa on Fri Dec 5 07:47:01 2025
    From Newsgroup: alt.politics.usa


    Wealthy New Yorkers have threatened to leave the city. They aren't going anywhere.

    Top earners are often thought of as rCLmobile millionairesrCY who are ever searching for lower-tax places to live. In reality, theyrCOre often
    reluctant to leave the places where they built their careers and raised
    their families.

    Mobility in America is highest among people who are still searching for
    their economic place in life. Workers who earn the lowest wages move
    across state lines at relatively high rates, about 4.5% per year, often
    in search of more affordable housing. People making $1 million-plus a
    year move only half as often: Just 2.4% of them pack up each year.

    https://www.salon.com/2025/12/05/new-yorks-wealthy-warn-of-a-tax-exodus-after-mamdanis-win-but-the-data-says-otherwise/

    It is very true, the greedy get greedier that is the way millionaires
    and billionaires think and operate. Why donrCOt they pay their fair share
    of the taxes. They think they are in a privileged category, they can not
    be told what to do.

    If they want to leave let them go, there is a 'DeSantis vulture' waiting
    by the gator pond over yonder.



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