> To claim people don’t move because of taxes is to deny basic economics.
No, it's just not framing the entire economic question around taxes. There are many, many other factors. You can live in places with no taxes at all, but people don't choose to.
> the cost of living in NYC is hundreds of thousands or even millions of dollars per year. For some percentage of people that cost is simply not worth it and they move
They've already moved in that case, but the demand for NYC is enormous.
Maybe we're discussing different things. I was responding to the claim that higher taxes doesn't cause people to move. Just because high earners live in NYC doesn't mean that there weren't some high earners that left due to taxes.
No, it's just not framing the entire economic question around taxes. There are many, many other factors. You can live in places with no taxes at all, but people don't choose to.
> the cost of living in NYC is hundreds of thousands or even millions of dollars per year. For some percentage of people that cost is simply not worth it and they move
They've already moved in that case, but the demand for NYC is enormous.
> For high earners,
Who do you think lives in NYC?