this post was submitted on 21 May 2024
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United States | News & Politics

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‘Millionaires tax’ has already generated $1.8 billion this year for Massachusetts, blowing past projections (www.bostonglobe.com)
submitted 5 months ago by [email protected] to c/[email protected]
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[–] [email protected] 9 points 5 months ago (1 children)

You are describing tax fraud not out migration.

They are kind of opposites.

If they were actually leaving, they wouldn’t have to hide the fact that they are still in NY.

If I got your point wrong because of sarcasm, sorry but please use the /s next time.

[–] [email protected] -1 points 5 months ago

My memory of it:

New York takes in outsize revenue from very wealthy people.

Flight of wealth becomes critical funding issue.

To partially mitigate the problem, it becomes worthwhile to investigate those who claimed to be leaving.

Flight of wealth remains critical funding issue.

So, yes, I was describing fraud - and the investigations thereof driven by out migration. Does my comment seem less of a non sequitur now? :)