Do Higher Taxes Drive the Rich Away? Mamdani’s Plan Revives the Question. (opens in new tab)

Covered by 3 sources including The Hill, Media Matters for AmericaDiscussed on r/nyc

Mayor Zohran Mamdani wants to raise income taxes on New York City’s millionaires. Tax increases elsewhere have not led to an exodus, but some worry the city is reaching a tipping point.

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Covered in 3 articles

The Hill·

Raising taxes on the superrich is popular with voters. So why is it so hard to get done?

Media Matters for America·

Right-wing media go to bat for New York's richest by pushing a debunked myth that higher taxes will cause millionaires to flee

Yahoo News·

Covered in 3 articles

Raising taxes on the superrich is popular with voters. So why is it so hard to get done?

Right-wing media go to bat for New York's richest by pushing a debunked myth that higher taxes will cause millionaires to flee

Opinion - Raising taxes on the superrich is popular with voters. So why is it so hard to get done?