Armoogeddon t1_jecyd7j wrote on March 31, 2023 at 2:35 AM

Reply to comment by AceContinuum in New Yorkers overwhelmingly support bail changes ahead of state budget deadline: Poll by Grass8989

Dude they’re leaving in droves.

https://www.nytimes.com/2023/02/23/nyregion/millionaires-new-york-taxes.html

Sure there’s still plenty, but the trend is negative and the net population loss is a problem too.

AceContinuum t1_jed0q9h wrote on March 31, 2023 at 2:55 AM

There's no net loss of millionaires, though. From the article:

>The 1,453 departures in 2021 did not create a millionaire shortage. New York State still had more than 80,000 millionaire taxpayers in 2021, up from about 70,000 in 2020.

So New York actually gained a net of 10,000 millionaires from 2020 to 2021.