Happy Tax Day, New York. We're Taxing the Rich [video]

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5 pointspabs34 comments

How long before Wall Street moves to Dallas? The traders. The advisors. The lawyers. The TV finance shows.

This seems the beginnings of a 'New Detroit'.

> This seems the beginnings of a 'New Detroit'

It’s probably going to be much worse…

Can anyone cut through all the propaganda bullshit to tell us what this will really do? Like, will landlords that can barely keep their property up to code due to rent control now just sell to BlackRock/Silverlake backed equity firms that will fix them at a loss and then use legal loopholes to massively spike prices?

Who is paying him for these policies and which rich people benefit and which rich people lose? (don't bother with which NYC residents lose. The answer is all of them).

There’s also the proposed vacancy tax in Portland, where landlords who can’t find businesses to use commercial space will have to pay a tax. All because the city and state cannot fix the problem of rampant homeless drug addicts, blight, and property crime. If they did, businesses might be able to succeed. Instead they will force landlords to sell as the city spirals.

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