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Do Higher Taxes Drive the Rich Away? Mamdani’s Plan Revives the Question. | Collector
Do Higher Taxes Drive the Rich Away? Mamdani’s Plan Revives the Question.
The New York Times

Do Higher Taxes Drive the Rich Away? Mamdani’s Plan Revives the Question.

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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