New York’s Shrinking Millionaire Share Now Costs It Up To $12 Billion a Year, New Data Show

By irisadmin

Mona Shah Quoted in IMI on New York’s Shrinking Share of America’s Millionaires New York’s changing tax base has raised questions about whether high taxation is encouraging wealthy residents to relocate. Speaking to Investment Migration Insider (IMI), Mona cautioned that “the data cannot isolate a single cause,” although taxes are “plainly part of the picture.” […]

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