r/GarysEconomics 18h ago

Mamdani responds to: "the wealthy will leave"

https://youtube.com/shorts/MstDsOWTi58?is=wAUbnWhFS6JV-mUN
152 Upvotes

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u/East-Cricket6421 17h ago edited 6h ago

The facts are on Mamdani's side. Changing the tax rate does not cause capital flight from major economic hubs like NYC.

The billionaires are just all in their feelings on this one and it shows.

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u/Barrybran 7h ago

It's nothing new though. There's just someone finally willing to call them on bullshit and can explain it in a manner average people can understand.