FOX Business’ Madison Alworth breaks down the economic fallout from Massachusetts’ millionaires tax implemented 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 Supporters & Critics: 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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