You are viewing a single comment's thread from:

RE: LeoThread 2025-11-12 17-15

in LeoFinance12 hours ago

Part 3/12:

In a clear rebuke, Hokll stated, "Yo, Mandani, there ain't no free ride." She highlighted that imposing higher taxes on the rich—especially the top 1% who currently foot a disproportionate 40% of New York City’s income tax bill—would trigger a mass exodus of wealthy residents and businesses. For Mandani, a politician who doubled down on taxing "whiter neighborhoods" and promised to fund extensive social programs, the reality of governing and constitutional constraints now loom large.


The Economics of Taxation and Human Capital Mobility