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New York Democrats Salivate over Proposed $9 Billion Wealth Tax

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New York’s transit infrastructure is in serious jeopardy. Following years of neglect and underfunding, the system allegedly requires a $40 billion investment over the next ten years, or it risks falling into what subway chief Andy Byford calls a “death spiral.” New York Progressives: We Need Money. Let’s Pass Another Wealth Tax! So, what’s New York’s big solution as of late? A state largely dominated by Democratic politics, leaders are now looking to impose yet another new tax on the wealthy to fix their problems. This should come as no surprise, considering New York’s most well-known representative in the House

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