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‘The Big Money Show’ reacts to New York City Mayor Zohran Mamdani defending his call for higher taxes on the wealthy as a new report estimates the state’s millionaire exodus cost nearly $11 billion in lost tax revenue, fueling debate over the future of New York’s economy. #foxbusiness #bigmoneyshow
00:00 Report: New York loses $11 billion from millionaire exodus
00:26 Mamdani doubles down on taxing the wealthy
01:04 Why critics say higher taxes won’t solve New York’s problems
03:00 Texas and Florida gain as New York loses wealthy residents
06:11 Will New York’s millionaire exodus continue under Mamdani?
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