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Fare free buses?! This monster needs to be stopped. (discuss.online)

submitted 2 days ago by [email protected] to c/[email protected]

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[–] [email protected] 0 points 2 days ago

The difficulty with taxing rich people is that they can easily change their tax residency to just outside NYC where plenty of counties will give them a big break on income taxes.

Mamdani's proposal is to raise taxes on any company doing business in NYC. They wouldn't be able to just change residency, they'd have to stop doing business in New York entirely.