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Cuomo to hit Richest NYers w top Tax Rate over 50%

That giant sucking sound is the richest New Yorkers – tired of virtue signaling in a city that is about to tax them as much as Europe’s socialist paradise – packing up their belongings and bailing for Palm Beach.

Why? Because days after we reported that New York Millionaires are about to be slapped with the highest income tax in the country, surpassing even the liberal utopia that is California, we now have some more details on what will likely be a 50% tax on the richest New Yorkers.

As Bloomberg writes, last August scandal-plagued NY Governor Andrew Cuomo begged the rich to return to the state, saying “‘we’ll go to dinner, I’ll buy you a drink, come over, I’ll cook.” What he didn’t say is that while he would pay for a drink, it’s the rich that would be stuck with the very hefty bill.

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3 thoughts on “Cuomo to hit Richest NYers w top Tax Rate over 50%”

  1. But they flee the liberal states, then ruin red, conservative states because they still vote for the idiots.

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