# The Shocking Cost of New York’s ‘Tax the Rich’ Experiment Has Finally Been Exposed

- Link: https://weltzin.me/the-shocking-cost-of-new-yorks-tax-the-rich-experiment-has-finally-been-exposed/
- Published: 2026-07-14T11:13:28-06:00
- Author: JT

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> New York’s tax on the rich causes $11B revenue loss as millionaires flee to lower-
> tax states.

Source: _[The Shocking Cost of New York’s ‘Tax the Rich’ Experiment Has Finally Been Exposed](https://redstate.com/rusty-weiss/2026/07/13/the-shocking-cost-of-new-yorks-tax-the-rich-experiment-has-finally-been-exposed-n2204294)_