“In a state where we see that income inequality is worse than ever — we had 120 billionaires in New York state prior to the pandemic, we’re up to 135 today — that only means that more money is being hoarded,” she said. “It is not being circulated in our communities.”
When asked about the possibility of high-income earners leaving the state, she’s doesn’t buy it.
“I know they (critics of raising taxes on the wealthy) don’t like to hear it, but it’s just untrue. We should be more worried about who is leaving the state right now – people who work, work, work, work (and) can’t afford to buy a house here and end up moving to New Jersey, Pennsylvania buying a house there,” she said. “No, we want them to be able to invest and afford to buy a house here in New York.”
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