NYC Mayor Mamdani Calls Threat of Rich People Leaving NYC over Taxes 'Imagined' – Democratic Accent
6 Articles
6 Articles
NYC Mayor Mamdani calls threat of rich people leaving NYC over taxes 'imagined' – Democratic Accent
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…
Mayor Mamdani Says Exodus From New York Is Just Your Imagination
'The imagined exodus'
After the election of a socialist and Islamist mayor, an excellent cocktail to make the world's most charismatic city unbearable, a symbol of entrepreneurial audacity and cosmopolitanism, the newly elected Zohran Mamdani, called with him two left-wing economists obsessed by taxation: Gabriel Zucman and Joseph Stiglitz. The first, a Frenchman, is known for proposing the eponymous 2% tax on the professional heritage of all major fortunes in France…
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