Post #2790225
2026-05-10 22:09 UTC
Since they have higher income, they pay more taxes. If they leave, that revenue will be gone. The rich do not have to flee New York, just NYC, but some will leave the state and take their businesses with them. See https://www.msn.com/en-us/money/smallbusiness/michael-goodwin-socialist-mamdani-s-tax-the-rich-war-cry-will-only-hurt-new-york/ar-AA22O4pf
Replies (1)
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@CentipedeFarrier@piefed.social 2026-05-11 05:54
>Since they have higher income, they pay more taxes. Citation very much needed, because lol no they don’t. Their propaganda sure worked on you, though. In fact they hire people to find every loophole they can so they pay as little as possible, often less than us working class stiffs pay. Absolutely less as a percentage of total, if not in absolute numbers, tho usually in absolute numbers as well.