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Detroit developer cites 'substantial taxes' as reason big blue cities like NYC are in trouble

First publishedJul 25, 15:36 UTC
Last updatedJul 25, 16:50 UTC · 13m ago
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Detroit developer cites 'substantial taxes' as reason big blue cities like NYC are in trouble
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America’s once-iconic industrial hub is primed for an economic comeback as major metropolitan areas continue to bleed residents to lower-tax states, a prominent Michigan developer told Fox News Digital.Rodney Lockwood, Board Chairman of the Mackinac Center for Public Policy, warned that high-tax cities like New York City, Los Angeles, and San Francisco are facing serious structural trouble."I think we have to look at both sides: what is not working, and then what will work," Lockwood said. "Right now, socialists are on the march, and Zohran Mamdani in New York is perhaps the best example of that.

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America’s once-iconic industrial hub is primed for an economic comeback as major metropolitan areas continue to bleed residents to lower-tax states, a prominent Michigan developer told Fox News Digital.Rodney Lockwood, Board Chairman of the Mackinac Center for Public Policy, warned that high-tax cities like New York City, Los Angeles, and San Francisco are facing serious structural trouble."I think we have to look at both sides: what is not working, and then what will work," Lockwood said. "Right now, socialists are on the march, and Zohran Mamdani in New York is perhaps the best example of that. They're winning races, and their answer is always the same: more taxes and more free stuff."'PARTY OF ZOHRAN': MAMDANI EMERGES AS DEMOCRATIC KINGMAKER AFTER SOCIALIST ALLIES SWEEP NYC PRIMARIESLockwood’s comments come as progressive-led cities nationwide—including New York, Chicago, Boston, and Los Angeles—struggle with taxpayer flight driven by high state and local taxes, lingering crime concerns, and an astronomical cost of living. A new study by the National Taxpayers Union Foundation (NTUF), released April 7, 2026, confirmed that taxpayers are fleeing high-tax environments for more fiscally friendly states.

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What's the story?
America’s once-iconic industrial hub is primed for an economic comeback as major metropolitan areas continue to bleed residents to lower-tax states, a prominent Michigan developer told Fox News Digital.Rodney Lockwood, Board Chairman of the Mackinac Center for Public Policy, warned that high-tax cities like New York City, Los Angeles, and San Francisco are facing serious structural trouble."I think we have to look at both sides: what is not working, and then what will work," Lockwood said. "Right now, socialists are on the march, and Zohran Mamdani in New York is perhaps the best example of that.
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1 outlet, average source rating 6.0/10.
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13m ago.
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    Detroit developer cites 'substantial taxes' as reason big blue cities like NYC are in trouble

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