Thursday, February 14, 2019

Millionaires want to be taxed more...

...at least in New York. Forty-eight of them wrote to the governor and legislator that the millionaires should pay more in state taxes. Some excerpts from their letter:

"We millionaires and multi-millionaires of New York can easily invest more in the Empire State, and lawmakers like you have a moral and a fiduciary duty to make sure we do so."

"The taxes we're talking about will not affect people's quality of life. They will not have any fewer private airplanes or boats because of this tax."

"Raising taxes on high-income New Yorkers like us in order to invest in our people and our communities is not just the right moral choice, it also happens to be in the long-term economic best interest of everyone, including millionaires like us."

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