Right-wing media go to bat for New York's richest by pushing a debunked myth that higher taxes will cause millionaires to flee (opens in new tab)

The myth that wealthier residents will flee higher-tax cities and states en masse for lower-tax locations has been debunked time and time again by researchers, but right-wing media outlets have repeatedly claimed that higher taxes on the rich that are being implemented by New York City Mayor Zohran Mamdani and New York Gov. Kathy Hochul will cause an exodus of millionaires.