Even the Hero of COVID 2020 gets it, though his base doesn't
/Cuomo begs New Yorkers come home to be fleeced
Andrew Cuomo said he was extremely worried about New York City weathering the Covid-19 aftermath if too many of the well-heeled taxpayers who fled to second homes decide there is no need to move back.
“They are in their Hamptons homes, or Hudson Valley or Connecticut. …
“They’re not coming back right now. And you know what else they’re thinking, if I stay there, they pay a lower income tax because they don’t pay the New York City surcharge. So, that would be a bad place if we had to go there.”
As usual, NYC politicians have the answer:
Lawmakers have proposed a wealth tax targeting the city's 100 billionaires to help fill a $30 billion (£23bn) budget shortfall created by the Covid-19 crisis.
Cuomo wants to employ the other Democrat solution: force the rest of the country to pay for his state’s profligacy.
Mr Cuomo said he could not support greater taxes on the ultra-wealthy as rich people already have one foot out of New York City and he fears they will leave for good if their taxes go up.
“A single per cent of New York’s population pays half of the state’s taxes,” he said, “and they’re the most mobile people on the globe.”
Instead, he wants the federal government and New York's congressional representatives to send billions of dollars in aid.