"... the 41,000 filers in the city’s top 1% pay more than 40% of all its income taxes. The 450,000 filers in the top 10% pay about two-thirds of all income taxes."
In other words, NYC lost anywhere from 5% to 8% of it's tax income.
The money went bye-bye... and it isn't coming back.
"... the 41,000 filers in the city’s top 1% pay more than 40% of all its income taxes. The 450,000 filers in the top 10% pay about two-thirds of all income taxes."
In other words, NYC lost anywhere from 5% to 8% of it's tax income.
The money went bye-bye... and it isn't coming back.