> I guess it's interesting to see who was expecting it.

I mean, we saw good results in Boston with a similar policy. It made more than expected, and millionaires didn't seem to leave.

https://www.nbcboston.com/news/politics/data-shows-mass-is-h...

> Another state got wind of that, and invited the company to move the headquarters there instead, with all kinds of tax breaks and credits and such.

This is not a good thing, IMO. It's a race to the bottom, where taxpayers lose.

(I also question the article quite a bit. The link in the line "Instead, individuals worth $54B left the country, leading to a lost $594M in yearly wealth tax revenue" looks like it should be a cite, but doesn't actually go anywhere except a page which reveals that this article is hosted by a company selling… Swiss citizenship.)