Jolyon@jolyon

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A new study shows New York's millionaire exodus has cost the state nearly $11 billion in tax revenue. According to the Citizens Budget Commission, New York's share of the nation's millionaires dropped from 12.7% to 8.7% between 2010 and 2022, the largest decline of any state. #NewYork

New York millionaire exodus $11B tax loss

2mo

Jolyon@jolyon

Follow

A new study shows New York's millionaire exodus has cost the state nearly $11 billion in tax revenue. According to the Citizens Budget Commission, New York's share of the nation's millionaires dropped from 12.7% to 8.7% between 2010 and 2022, the largest decline of any state. #NewYork

New York millionaire exodus $11B tax loss

2mo