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I Asked ChatGPT What Would Happen If Billionaires Paid Taxes at the Same Rate as the Middle Class

NEW YORK CITY, JUL 09 – Zohran Mamdani’s progressive agenda includes NYPD reform and tax hikes on millionaires, prompting resistance from billionaires ahead of a key July 15 meeting with business leaders.

  • Mamdani is supported by the United Federation of Teachers , which emphasizes the struggles of the middle class, as stated by UFT President Michael Mulgrew.
  • Despite wealthy taxpayers leaving, New York still boasts more than 34,000 millionaires and a growing tax revenue.
  • New York City lost 98,000 public school students, or 11.6 percent, between 2019 and 2024, due to increasing dissatisfaction with school policies and closures during the pandemic.
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Issuesfr broke the news in on Tuesday, July 8, 2025.
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