This Is What Happens When You Listen To “Progressives”
March 27, 2026
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4:08Now PlayingThis Is What Happens When You Listen To “Progressives”
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Massachusetts introduced a millionaire tax, and the results are raising serious questions. In 2023, over 41,000 residents left the state, taking an estimated $4.2 billion in income with them. Nearly 70% of that came from top earners.
So what happened?
In this video, we break down the real-world impact of higher taxes on high-income individuals, and why policies like this often lead to capital flight. Money moves. It always has, and history has shown this pattern again and again.
We cover:
* The Massachusetts millionaire tax and its impact
* Why high earners relocate
* How tax policy affects state economies
* What history teaches about similar policies
At what point do policymakers start learning from the data?
Subscribe for more breakdowns on economics, policy, and real-world outcomes that actually matter.
#Economics #Taxes #Massachusetts #CapitalFlight #Wealth #PublicPolicy #Finance
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