EPISODE · Jul 29, 2025 · 5 MIN
Why New York and California Are Bleeding Tax Dollars
from Watchdog on Wall Street with Chris Markowski · host Finance, Investing, & Markets
LISTEN and SUBSCRIBE on:Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608 Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i WATCH and SUBSCRIBE on:https://www.youtube.com/@WatchdogOnWallstreet/featuredNew York and New Jersey lost $140 billion in income over the last decade—and they’re not alone.In this episode of Watchdog on Wall Street, we break down how blue states like California, Illinois, and Massachusetts are spiraling into economic chaos. It’s not just high taxes—it’s the bureaucratic mafia mentality that’s driving businesses out.Here’s what you’ll hear:How cities like NYC are using regulatory shakedowns to raise revenueWhy small businesses are the true victims of bad policyHow the dynamic, entrepreneurial spirit of New York has been crushedWhy mom-and-pop shops are being replaced by Walgreens and big banksAnd how voters keep enabling the declineThis isn’t just a brain drain—it’s a capital flight. And it’s only getting worse.
What this episode covers
LISTEN and SUBSCRIBE on:Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608 Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i WATCH and SUBSCRIBE on:https://www.youtube.com/@WatchdogOnWallstreet/featuredNew York and New Jersey lost $140 billion in income over the last decade—and they’re not alone.In this episode of Watchdog on Wall Street, we break down how blue states like California, Illinois, and Massachusetts are spiraling into economic chaos. It’s not just high taxes—it’s the bureaucratic mafia mentality that’s driving businesses out.Here’s what you’ll hear:How cities like NYC are using regulatory shakedowns to raise revenueWhy small businesses are the true victims of bad policyHow the dynamic, entrepreneurial spirit of New York has been crushedWhy mom-and-pop shops are being replaced by Walgreens and big banksAnd how voters keep enabling the declineThis isn’t just a brain drain—it’s a capital flight. And it’s only getting worse.
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Why New York and California Are Bleeding Tax Dollars
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