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Big fucking rich guys can't handle paying $20k to keep their city above water and create a better future for everyone. Even after they have more than that coming back in fed tax cuts. Good riddance to parasites, go try to do business from Montana or something.
Mamdani should just try to tax the life out of them if they try to leave the city.
There's no need to threaten like that, the billionaire bracket can absorb 2%, and they know it. It's a bluff and FUD is the only play they have. Some will move loudly for a political statement and the media they own will play up those stories, but reality few will give up NYC lifestyle and convenience over the proposed rate.
Edit- side thought... It would be so easy for one or two to step up and announce they are proud to support their city, to care for their neighbors, and embrace the proposal as a badge of pride and accomplishment. But no, this is america land of the greed
Nah the rich have had it easy. They directly benefited from the policies of New York and they should have to pay if they want to leave.
Let's call it wealth redistribution.
Also I see your point but I think massive exit taxes should be charged regardless
Yeah, but that's a pipe dream. Just move on.
Imma keep talking about it until somebody does it
Feel free I guess.
They established them nationally under W. No reason not to reflect that locally.