This is what happens when you raise taxes on the so-called rich: they leave, and take their money, businesses, and the jobs they provide with them, and their tax dollars and spending money are lost.
We in NY welcome the French who want to escape socialism and invest, buy property, and spend their money here.
Soyez le bienvenue!
If escaping taxes is the goal, I suppose more French will end up with Miami property rather than NYC. If an NBA star can figure that out, one assumes savvy French will as well. But NYC is more cosmopolitan if they want a certain level of culture as well as relative tax relief.
Isn’t moving from France to New York (or California) to avoid taxes sort of like going from the frying pan into the fire? I can see moving to Palm Beach or Dallas or Austin, otoh.