TL;DR: Ed Skyler, Citi head of enterprise services and public affairs and former deputy mayor in the Bloomberg administration joined ‘Squawk Box’ to discuss the results from New York City’s Democratic mayoral primary.
Towards the end of his appearance, Skyler claimed that 55% of NYC was planning on leaving within 5 years. He said this to bolster his argument that NYC residents are leaving due to high taxes (among other reasons).
The survey he references says the opposite of what he claimed, however, with 19% of people planning to leave NYC within the next 5 years.
Conservatives (including neoliberals) always say we have to cater to the wealthy and corporations so they’ll choose to drive up local real estate prices…
And for the life of me I don’t understand why that’s seen as a threat anymore.
Neither group pays taxes, and the only people who benefit from them raising real estate prices are land owners.
Fuck the rich, let them go live in Kansas or some other fly over state and enjoy low taxes and corn.
As a resident of Kansas they can stay the fuck out as well.
I left NYC but it wasn’t because of taxes. It was because of a fascist federal government and a mayor with cheetoh dust around his mouth.
I do miss NYC and my friends and community every day, though
