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‘Taxes aren’t really high enough for them to be sensitive’: the fears of the wealthy fleeing New York and California were just that

Catherina Gioino·Fortune·September 23, 2026

We heard the wealthy would move out of New York City, San Francisco and Los Angeles because of an unfriendly business climate, but did they actually?

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‘Taxes aren’t really high enough for them to be sensitive’: the fears of the wealthy fleeing New York and California were just that — TopNewsOn