Washington Examiner
Washington Examiner
US · 2 hrs ago

High taxes cost New York $51 billion

New York progressives have long pointed to the state’s growing number of millionaires as proof that their “tax the rich” agenda has worked. But a Washington Examiner analysis of the Citizens Budget Commission’s annual estimates found that New York lost an estimated $51.5 billion in personal income-tax revenue between 2011 and 2022 because its share…
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