Скачать или смотреть Can New York Survive a Billionaire Exodus?

After Zohran Mamdani’s Democratic primary victory, billionaire investor Bill Ackman issued a stark warning: if 100 top taxpayers in the financial services industry left New York for lower-tax states, the state and city could lose $5–10 billion in revenue. This is a clear example of an elite capital strike, where the wealthy use the threat of relocation to resist progressive policy. New York’s heavy reliance on high earners, rising populist politics, and nation-leading tax rates make it particularly vulnerable to this kind of economic leverage.

The future of New York hinges on whether it can remain a global business hub while also delivering opportunity and affordability to the millions who call it home.

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Source: https://thehill.com/homenews/campaign...

Source: https://x.com/BillAckman/status/19380...