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No, New York City’s wealthiest are not fleeing the city after Mamdani’s win

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The warnings were stark. If Zohran Mamdani were to win the New York City mayoral election, his plans to raise taxes – slightly – on the city’s wealthiest residents would cause millionaires to bolt en masse, decamping to lower-tax states such as Florida and Texas. The New York Post, a…

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