this post was submitted on 20 Jun 2025
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NYC billionaires threaten to leave if progressive candidate Zohran Mamdani wins mayoral primary. But is their fear of losing wealth justified, or just a desperate attempt to maintain power and privilege?

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[–] PunkRockSportsFan@fanaticus.social 64 points 2 months ago (1 children)

Billionaires shouldn’t exist

Tax them out of existence

Or some other way

[–] Yawweee877h444@lemmy.world 20 points 2 months ago (1 children)
[–] ProvableGecko@lemmy.world 6 points 2 months ago
[–] DrFistington@lemmy.world 62 points 2 months ago

So you're saying that people who own a bunch of property and don't pay taxes are gonna leave the state? Sounds like a net gain

[–] BrikoX@lemmy.zip 53 points 2 months ago

Good fucking riddance.

P.S. Their business would still have to pay taxes in NY if they want to operate there.

[–] JaymesRS@literature.cafe 36 points 2 months ago (1 children)

Ah yes, wealthy people who love being seen at all the hot stuff in NYC are suddenly going to move somewhere else without the clout like Kansas City.

[–] TacoButtPlug@sh.itjust.works 3 points 2 months ago
[–] Anomalocaris@lemm.ee 23 points 2 months ago

Wow, didn't know billionaires were endorsing Zohran, hope they uphold their promise and go to hell

[–] floop@lemmy.dbzer0.com 20 points 2 months ago
[–] rarbg@lemmy.zip 18 points 2 months ago

Don’t threaten me with a good time

[–] SwingingTheLamp@midwest.social 16 points 2 months ago

IIRC, Norway provided a real-world study on this. No surprise: A handful of blowhards left for lower-tax countries, but virtually all of the rich people stayed and just paid higher taxes.

[–] BigMacHole@sopuli.xyz 16 points 2 months ago

NO! If these Job Creators who've laid off TENS of THOUSANDS of Workers this year so Far LEAVE who Will be stuck NOT paying Taxes while using Public Services? Nobody! That's ATROCIOUS!

[–] obvs@lemmy.world 10 points 2 months ago

Aww, noooo, what would they ever do without you?

[–] NutWrench@lemmy.ml 10 points 2 months ago

Oh no. What EVER will we do without our precious, precious billionaires?

[–] ieatpwns@lemmy.world 8 points 2 months ago

Only things billionaires are good for are ballistics dummies and empty promises

[–] VibeCoder@hexbear.net 1 points 2 months ago

Hey honey, I know our kids go to a prestigious private school here and I do most of my work from the NYC office and you have obligations here that can’t be done from another city so you’d have to abandon them, but I don’t like this commie mayor so we’re moving to a tax haven.