FOX Service’ Madison Alworth breaks down the financial after effects from Massachusetts’ millionaires tax executed in 2023 on ‘Varney & Co.’.
00:00 Introduction to Massachusetts’ Millionaire Tax Fallout.
00:15 The $4.2 Billion Exodus: Residents & Wealth Leaving.
00:45 Why Wealthy Taxpayers Are Fleeing Massachusetts.
01:10 Critics & supporters: Revenue vs. Entrepreneur Exodus.
01:40 Future of Massachusetts: Upcoming Tax Ballot Questions.
02:00 Massachusetts as a National Warning on Millionaire Taxes.
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