3/5 🧵 From there he lays out the “death spiral” thesis: tax high earners harder, some leave, revenues weaken, politicians respond by taxing whoever remains even more, and the cycle keeps feeding itself. It’s an old low-tax-state argument, but that’s the spine of the piece. Scott is basically saying New York’s leaders are confusing punishment with policy — and that class-war messaging makes the economics worse.
You are viewing a single comment's thread from: