Quote:
Originally Posted by iheartthed
New York is stuck between a rock and a hard place. They have to pay for all the things that those millionaires and billionaires find attractive about the city. I don't understand how people expect that to happen without tax increases, considering the city and state have been put into a huge financial hole because of the pandemic.
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I think that's just it. The things millionaires and billionaires find attractive do not so much depend on tax money. 3-star Michelin restaurants aren't tax funded. Neither are cars with drivers always at the ready. Nor the services in private residential buildings. Certain high cultural activities may be partially tax funded but the billionaires can keep the opera/symphony/ballet performing if need be, even if they get less tax money.
The very rich probably don't use public transit, view their art at home rather than in a gallery and if they want a picnic, have it at somebody's private estate and not in the city park.
At least this is the way it is in San Francisco which, to some extent, has the same issue although, thank G*d we have no city income tax.