A lot of wealthy people will just leave NYC. Or they will stay with increased taxes and everything will be fine. Just like the fairytales we read growing up.
Rich people always threaten this and never do it, because it’s a John Galt problem. Rich people need poor people to trickle money to for services and goods. If they all move to “Rich Asshole Island” where there’s no laws or taxes, they quickly discover there’s also no workers.
Fuck all of them, I dare every millionaire to leave NYC. They almost certainly cannot. All their wealth is actually tied up in business and assets. In NYC. They could sell them, but to whom? All the rich are fleeing right? If the city or collectives of workers buy them, thats more socialism and proof the rich aren’t necessary.
So no, they won’t leave. They’ll whine and cry and then fund police and paramilitaries and lobbiest to try and force their view. They’ll spend millions propping up friendly candidates like Coumo and running smear campaigns.
In other words, they’ll do what they’ve historically always done when threatened.
A lot of wealthy people will just leave NYC. Or they will stay with increased taxes and everything will be fine. Just like the fairytales we read growing up.
Rich people always threaten this and never do it, because it’s a John Galt problem. Rich people need poor people to trickle money to for services and goods. If they all move to “Rich Asshole Island” where there’s no laws or taxes, they quickly discover there’s also no workers.
Fuck all of them, I dare every millionaire to leave NYC. They almost certainly cannot. All their wealth is actually tied up in business and assets. In NYC. They could sell them, but to whom? All the rich are fleeing right? If the city or collectives of workers buy them, thats more socialism and proof the rich aren’t necessary.
So no, they won’t leave. They’ll whine and cry and then fund police and paramilitaries and lobbiest to try and force their view. They’ll spend millions propping up friendly candidates like Coumo and running smear campaigns.
In other words, they’ll do what they’ve historically always done when threatened.
Good. Make them run. Nip at their heels. Give them no rest or any place to hide until we corner them and take back from them everything.
The rich are worthless. They bring nothing at all to the table. Their net value to humanity is negative. They only hoard.
Massachusetts did it and it went well
https://nantucketcurrent.com/news/report-massachusetts-home-to-more-millionaires-despite-new-millionaires-tax
https://www.commondreams.org/news/state-wealth-tax