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4d ago
NYC Mayor Mamdani calls threat of rich people leaving NYC over taxes 'imagined'
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New York City Mayor Zohran Mamdani claimed on Wednesday that threats of the city's wealthiest residents leaving the city over high taxes were "imagined." Mamdani held a Tax Day public forum with economists Gabriel Zucman and Joseph Stiglitz to discuss his plans to further tax the rich, starting with a new tax on luxury properties valued at $5 million or more."For all of the discussion of the imagined exodus that would take place were we to tax the wealthiest New Yorkers by the appropriate amount
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