> taxing the rich will cause them to move to other cities (collapsing nyc tax revenue)
Which would stimulate growth for the rest of America and encourage development of NY's neglected periphery. It would also reduce the strain on the famously broken NYC housing market, encourage fewer financier jobs to stratify the economy, and create a more sustainable and larger workforce for middle-class expansion and new white-collar jobs. Over time you would see an increase in state taxes which would lower the burden on local government, and open up new opportunities for tourism and development that necessarily don't exist as a result of NYC's obsession over value density. You know, stop encouraging the construction of Judge Dredd Mega-Blocks and focus on large cities that support all of it's citizens.
Listen to him though, he's the guy crytyping on X.
Which would stimulate growth for the rest of America and encourage development of NY's neglected periphery. It would also reduce the strain on the famously broken NYC housing market, encourage fewer financier jobs to stratify the economy, and create a more sustainable and larger workforce for middle-class expansion and new white-collar jobs. Over time you would see an increase in state taxes which would lower the burden on local government, and open up new opportunities for tourism and development that necessarily don't exist as a result of NYC's obsession over value density. You know, stop encouraging the construction of Judge Dredd Mega-Blocks and focus on large cities that support all of it's citizens.
Listen to him though, he's the guy crytyping on X.