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Sky News Australia 15 Jul 2026 55 here now

'You can't tax your way into prosperity': Warning as New York's wealthy flee

Watch 'You can't tax your way into prosperity': Warning as New York's wealthy flee, published by Sky News Australia, on Daily Junction Play.

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The BEST way to increase tax revenue is to REDUCE TAX RATES, increasing the tax base by attracting wealthy residents.
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Kosha Gada Rita Panami God's Grace be with you always 🙏🏻 ❤️ Margie
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This is fine. This is the state system working as intended everyone.

If some states and cities want to lose their minds and try something absurd - people will leave and vote with their wallet and their feet to a place with better prospects. This has always been true, it just hasn't happened in over a century so people forgot this happens when you screw up a state.
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:55 the communist infiltrator our academia century ago. They've produced generations of dysfunctional beings.
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The Marxist teachers indoctrinate youth to believe 'it takes a village' to care for all the freeloaders wanting all the benefits and none of the responsibilities, so eat the rich.
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Are you joking, every single government in the friggin world is taxing themselves into wealth. If they do it it must be true.
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Mamdani must seize all assets in the city
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Why are you still pushing this zombie lie, Koshie?
This is easy to fact check.
;)
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As usual Mamdani uaes the taqqiyah jutsu.
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New York will state taxing the poor people EBT!😂😂😂😂
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Murdoch cannot stand it that this guy is so popular
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The wealthy live inside very fragile speculative bubbles.
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Victoria Labor Party new property taxes are inspired by China’s system, and now New York has adopted Victoria’s progressive agenda. What could go wrong? Evergrande…
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People leaving the socialist hell hole of New York, and moving to the freedom of Florida!
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NYC has lost billions in tax revenue from the rich leaving. And the city is turning into a homeless camp.
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If you do not vote BruceBlakeman this November ny is gone! And now democratic party has Islamic terrorists in their party!
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The devil deceived the fools!