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NYC’s socialist movement forcing millionaires to flee the state — leaving Mamdani, DSA in a bind

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Americans are some of the most mobile people on Earth: They move homes about three times more often than ­Europeans. 

As a recent report shows, that mobility is a problem for New York’s rising socialist movement. 

A new Citizens Budget Committee report found that New York’s share of millionaires, those earning more than a million dollars a year, declined more than any other state since 2010. 

The state went from having 12.7% of all millionaires in the nation to 8.7%. 

Worse yet, in the more recent years, the state’s highest earners have been leaving much faster than its lowest earners. 

The flight of the millionaires leaves the rising Democratic Socialists of America movement, and Mayor Mamdani in particular, in a bind. 

NYC public schools continue to let students down — even years after being identified as failures

NYC housing crisis hits ‘DefCon 1’ as rents jump to more all-time highs

Mamdani sticks by top adviser after DSA urges members to ice him out over support for Graham Platner

On one hand, DSA campaigns have centered around attacking the........

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