New York just elected a mayor pushing a 2% wealth tax on anyone making over $1M. In his interviews, Mamdani makes it sound simple: “Tax the wealthy. Rebuild the city.” But here’s the part nobody mentions: When the UK tried something similar, high earners left. And when they left, so did the jobs, the investment, and the tax base they were supposed to “save.” That’s exactly what Daniel Priestley pointed out in his debate with Gary Stevenson on The Diary of a CEO — the unintended consequences can