As New York City eyes the potential election of democratic socialist upstart Zohran Mamdani, a new initiative by the nonprofit Committee to Unleash Prosperity is highlighting a striking contrast. The project tracks a growing number of Americans relocating to southern states drawn by lower taxes, fewer regulations, and pro-growth policies—moving away from the very economic model Mamdani promotes.
“If Mamdani were elected and he moved forward with his pledge to raise the highest income tax rate in New York City, we would see the largest exodus of wealth and workers out of the city in history,” Steve Moore, Co-Founder of Unleash Prosperity, told FOX Business. “The Vote With Your Feet website shows that states and cities with high income taxes lose tens and even hundreds of billions of dollars in income due to moving vans relocating to no-income-tax states,” he added.
Moore, who previously served as an economic advisor during President Donald Trump’s 2016 campaign, told FOX Business that New York City’s financial dominance is at risk.
Drawing on IRS and Census Bureau data, the interactive “Vote with Your Feet” website reveals a steady outflow of taxpayers from states like California and New York to lower-tax destinations like Florida and Texas. The project reveals that between 2012 and 2022, nearly 400,000 people moved from New York to Florida, bringing more than $37 billion in income with them, according to data compiled by Unleash Prosperity.
Click this link for the original source of this article.
Author: Marty Kaufmann
This content is courtesy of, and owned and copyrighted by, https://www.offthepress.com and its author. This content is made available by use of the public RSS feed offered by the host site and is used for educational purposes only. If you are the author or represent the host site and would like this content removed now and in the future, please contact USSANews.com using the email address in the Contact page found in the website menu.
