‘Millionaires tax’ has already generated $1.8 billion this year for Massachusetts, blowing past projections - The Boston Globe
www.bostonglobe.com
The estimated haul is already $800 million more than what Governor Maura Healey and state lawmakers planned to spend from its revenue in fiscal year 2024.
  • RestrictedAccount@lemmy.world
    15·
    7 months ago

    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.

    • brbposting
      31·
      7 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? :)