Originally Posted by
AndrewLewis
This is interesting...
“If they want a tax increase, don’t make New York alone do a tax increase, then they just have the people move to Connecticut. Let the federal government pass a tax increase. And let them apply it all across the country, so you don’t hurt any one state. Because if you take people who are highly mobile, and you tax them, well then they’ll just move next door where the tax treatment is simpler. It has to be done on a federal level,” Cuomo said on a conference call with reporters.
He clearly understands that taxation will drive the rich out of New York, but he thinks the solution is to tax the rich at the federal level. What does he believe is stopping the billionaires from leaving the US as well?