this post was submitted on 21 Oct 2025
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A millionaire levy in Massachusetts that New York City mayoral frontrunner Zohran Mamdani holds up as a model for taxing the rich has generated $3 billion more in revenue than expected without forcing significant high-profile departures from the state.

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[–] givesomefucks@lemmy.world 50 points 1 day ago (6 children)

Lol

Josh Isner, president of taser manufacturer Axon Enterprise Inc., said the millionaire’s tax makes it harder to recruit talent — particularly well-paid artificial intelligence specialists — to the Northeast hub the company opened in Boston last year. But the office is based in the city because “Boston breeds super-talented people,” he said earlier this year.

But still...

He lives in Massachusetts, rather than near the company’s headquarters in Scottsdale, Arizona, where income taxes are significantly lower. That’s largely because Massachusetts schools are so renowned, he said.

They're fucking millionaires...

They're not being "priced out" of states with taxes like this.

If they want to go live in Scottsdale Arizona, more power to them. But very few will.

And I'm super disappointed I couldn't find a clip from American Dad where Klaus shit's on Scottsdale.

[–] recentSlinky@lemmy.ca 23 points 1 day ago (2 children)

It's more ironic to think that those pissy rich people throwing a tantrum about how taxes ruin everything, yet they almost always prefer to live in high taxes places because living there is better.

The hypocrisy would be so funny if it wasn't so harmful to most people.

[–] Taldan@lemmy.world 17 points 1 day ago

If they were just going to leave when taxes are imposed, they wouldn't be fighting it so hard. They spend huge amounts of money fighting tax increases because they know they'll stay either way

[–] givesomefucks@lemmy.world 8 points 1 day ago

I mean, only if you think those are genuine hissyfits and not just trying it just because it might work and costs them virtually nothing.

It's not that say it and back down.

It's that they say it because it costs them nothing to say it and they might get away with it.

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