High earners flee NYC amid taxes, radical policies

'Good Day New York' anchor Rosanna Scotto discusses a Citizens Budget Commission study revealing that New York City's stock of U.S. millionaires has plunged since 2010.

'Good Day New York' anchor Rosanna Scotto warns that precocious earners are fleeing New York City owed to 'Tax the Rich' policies, costing the metropolis $10.7 cardinal successful mislaid taxation revenue. A Citizens Budget Commission survey revealed New York's stock of U.S. millionaires fell from 12.7% successful 2010 to 8.7% successful 2022, prompting fears for the city's fiscal stability.