New York City Democrats recently proposed raising taxes on the top earners in the state to combat budget cuts prompted by the ballooning costs of migrants flooding the city. However, a Wall Street Journal opinion piece warned this plan won't work, as high earners flee the state and legislators "run out of other people's money."
Last month, Rep. Alexandria Ocasio-Cortez, D-N.Y., joined 20 other New York legislators in calling for the "richest New Yorkers" to share more of the tax burden, by...