And I'm all for tax and millionaires and billionaires, just so you know. Yeah, but here's the. Here's the reality. You can't have a socialist state in a capitalist nation. In other words, If New York became a socialist economy, everything free, we tax the rich at an exorbitant rate. The rich will move to Massachusetts or New Jersey or Florida. or Florida, which is what they're doing now, by the way. They won't move to Massachusetts. It's just as bad. Yeah. Before socialism, and we have 1% of the wealthiest New Yorkers pay 50% of the taxes. (00:31–00:46)
CLAIM
Asserts that if New York adopts a socialist economy with high taxes on the rich, wealthy individuals will relocate to other states.
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