Would Mamdani's 'millionaire tax' chase the rich out of New York City?
- Posted on November 6, 2025
- By Usa Today
- 1 Views
Would Mamdani's 'millionaire tax' chase the rich out of New York City?

Incoming NYC Mayor Zohran Mamdani is a democratic socialist who wants higher taxes on the rich. Would it really spur wealthy people to leave the city?