The Millionaires Are Leaving NYC & the Middle Class Picks Up the Tab
New York’s share of US millionaires dramatically declined in recent years, causing a nearly $11 billion loss in much-needed tax revenue in just one year, according to a bombshell new analysis. From 2010 to 2022, the share of millionaires went from 12.7% to 8.7%. So, the middle class will be left holding the debt promised […]
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