Businesses are ABANDONING New York in droves nearly 5,000 gone in a single year.
Sky-high taxes, crushing regulations, rampant crime, and socialist experiments under Mayor Mamdani have turned the Empire State into a “get out while you can” zone. JPMorgan now employs more people in Texas than NYC. Apollo is eyeing a Southern HQ.
This isn’t a “transition.” It’s an exodus.
The tax-the-rich crowd is killing the golden goose and New Yorkers are left with empty buildings and lost jobs.
Who’s next?
Video Summary
AI GeneratedNew York City is facing a severe economic crisis as hundreds of companies and billions in taxable income migrate to Republican-led states like Florida, Texas, and North Carolina. Driven by high taxes, heavy regulation, and safety concerns, this exodus includes both billionaires and middle-class families, signaling a shift in the nation's financial landscape toward more business-friendly environments.