‘The rich shouldn’t feel like the enemy’: is New York turning on the wealthy?
NYC’s rich feel they are being driven out. An attempt to push $7bn in new taxes on those who earn more than $1m a year is one of the recent changes making wealthy residents feel increasingly unwelcome. Joshua Chaffin examines how the progressive political climate of New York City is seen as a hostile attack by the rich, with many moving to lower-taxed states. In this comprehensive insight into the changing attitudes towards the elite community, he considers whether it will change the state's landscape for good.
From Financial Times