Raise Taxes on the Rich? These Rich New Yorkers Are All for It. - The New York Times

kept by eddie mar 11

A group of wealthy New Yorkers publicly supports Mayor Zohran Mamdani's proposal to raise taxes on residents earning over $1 million annually.

An Afternoon in Brooklyn with Mayor Mamdani and a Bar Full of Arsenal Fans
Zohran Mamdani watches Arsenal at a Brooklyn pub, experiencing a brief return to normal life amid his political ascent.
also on Zohran Mamdani, #city-life, #politics
NYC’s Pied-à-Terre Owners Hunt for Creative Ways to Dodge New Tax - WSJ
NYC pied-à-terre owners are seeking creative, sometimes dubious, ways to avoid a new second-home tax, including setting up offshore entities or pretending relatives live there.
also on #taxation
The haves and have nots of the AI gold rush
A Menlo Ventures partner says the AI boom has created a stark divide where roughly 10,000 people have achieved retirement wealth while many software engineers face layoffs and career uncertainty.
also on #inequality, #economy
Surely the crash of the US economy has to be soon
Hacker News commenters debate whether a US economic crash is imminent, citing an AI investment bubble, distorted unemployment data, and deepening wealth inequality as key warning signs.
also on #inequality, #economy