NY sees dramatic exodus of millionaires — causing nearly $11B loss in tax revenue: study

Source: New York Post

Lacks the rich. New York’s share of US millionaires dramatically declined in recent years, causing a nearly $11 billion loss in much-needed tax revenue in just one year, according to a bombshell new analysis. The study released Monday by the Citizen Budget Commisison showed the Empire State’s share of the nation’s millionaires dipped from 12.

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