"Economists Push Back Against Millionaire Migration Claims in New York. A recent trend has New York state politicians and residents alike wondering if the rich are fleeing the Empire State due to proposed tax hikes. Economists are now weighing in, disputing claims that a millionaire tax migration is underway. In an op-ed piece, experts set the record straight, citing data that suggests the wealthy are not abandoning New York as quickly as some might think. The economists argue that the state's tax policies are more complex than a simple 'tax-and-run' narrative, and that the actual impact of tax changes on high-net-worth individuals remains unclear. Readers can dive into the economists' counterpoint and learn more about the real story behind the millionaire migration myth."
Op-Ed | Economists set the record straight on millionaire tax migration in New York amNewYork
