The Drive To ‘De-Juice’ the Apple

Proving the Big Apple still has plenty of juice, it turns out to hold more millionaires than any other large metro area in the word. Indeed, New York City’s count of millionaires is up 48% in just a decade.

A report from Henley & Partners shows that nearly 350,000 New Yorkers (one in 24) have at least a seven-figure liquid net worth.

If you can make it here, you can make it anywhere — and more people are “making it” in New York City than anywhere else.

Despite lefty lawmakers’ best efforts to bruise the Big Apple with pro-crime, antibusiness policies, it still shines. Yet the city is under siege as progressives push to squeeze the wealthy to feed their spending addiction.

The new state budget held another $4 billion in spending while retaining “emergency” COVID tax hikes. New York already has the nation’s highest tax burden, yet progressives push for more: The state Senate and the Assembly wanted an eye-watering $2.2 billion in tax hikes, including nailing top earners with another half a percentage point.

How dare these folks keep creating jobs, paying the most taxes and boosting the economy?

If progs don’t back off their war on success, the siren song of lower-tax, actually business-friendly states like Florida will keep drawing away the city’s high earners.

New York City’s appeal speaks for itself. The only thing that can drag it down are New York lawmakers.