[Townhall] Some day, Democrats will learn that the millionaires and billionaires they demonize have the power and money to leave their blue states for friendlier climes. When those rich people leave, they take their wealth — including tax revenue, business taxes, and jobs — with them.
In New York, billionaires like Marc Rowan, CEO of Apollo, and Ken Griffin are looking to move their wealth and businesses elsewhere. Mayor Zohran Mamdani seems wholly untroubled by this, too. But eventually, blue states will face economic collapse. They can only tax the middle class so much before they leave, or stop paying taxes, too.
And in the last decade, it turns out that blue states have lost $2 trillion as wealthy people, businesses, and others move to tax-friendly red states.
And while Democrats respond by raising taxes on those who remain, they will also get increasingly desperate and push for exit taxes, retroactive taxes, and other insane policies meant to steal wealth from the rich.
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