Democrats Just NUKED NYC
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Fiscal Policy Driving Major City Exodus: NYC Elites Flee to Texas
Discover why top earners are abandoning high-tax coastal cities like New York for competitive regions like Texas, and analyze the economic theories justifying this large-scale migration.
Short Summary
- Executive flight from New York to Texas accelerates following the election of Mayor Mamani on expansionist tax policies.
- Tax proposals, including corporate rate hikes targeting $4-5 billion, rely on faulty assumptions about economic behavior (Laffer Curve effects).
- Similar progressive policies in Seattle reveal a national trend toward governmental overreach in private markets, alarming high earners. This overview unpacks the tangible consequences of rapidly escalating local taxation and political instability on major financial hubs, using both reported data and economic theory.
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Top Comments (10)
Do NOT bring your BLUE VOTE to TEXAS
Texas does not want the liberals.
Don't California my Texas. Don't New York my Texas. Don't bring your politics here, leave them by the door. Edited: this is the first time I've ever had a comet blow up like this. Thank you🍀
>move from a blue state >continue to vote blue What's wrong with this people?
They'll flee to Florida and Texas and vote for the same policies that caused the conditions they fled.
If you want to avoid "food deserts," maybe punish the people looting the stores and creating the safety problems that contribute to them closing.
They hate corporations yet don't want them to leave
55% of your workday you are working just to pay the tax for the "privilege" of living in NYC. The city ain't worth it.
A city income tax is f****** crazy that should not even exist.
Anyone who thinks Abbot is a conservative and the house and senate are run by republicans in Texas have NOT been paying attention.
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Top Comments (10)
Do NOT bring your BLUE VOTE to TEXAS
Texas does not want the liberals.
Don't California my Texas. Don't New York my Texas. Don't bring your politics here, leave them by the door. Edited: this is the first time I've ever had a comet blow up like this. Thank you🍀
>move from a blue state >continue to vote blue What's wrong with this people?
They'll flee to Florida and Texas and vote for the same policies that caused the conditions they fled.
If you want to avoid "food deserts," maybe punish the people looting the stores and creating the safety problems that contribute to them closing.
They hate corporations yet don't want them to leave
55% of your workday you are working just to pay the tax for the "privilege" of living in NYC. The city ain't worth it.
A city income tax is f****** crazy that should not even exist.
Anyone who thinks Abbot is a conservative and the house and senate are run by republicans in Texas have NOT been paying attention.