New York's Wealthy Prepare to Flee Amid Political Uncertainty

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Source: The Times of India
New York's Wealthy Prepare to Flee Amid Political Uncertainty
Photo: The Times of India
TL;DR Summary

A poll indicates nearly a million New Yorkers might leave if Zohran Mamdani wins the mayoral race, mainly due to his proposed tax policies targeting the wealthy, which could have severe economic repercussions for the city, including a significant loss of high earners and a potential decline in city revenue and real estate values.

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