I sat and watched a 2-minute exchange....journalist....and a supporter of Zoharn Mamdani (NY City's new mayor)....arguing over the idea....businesses shouldn’t be allowed to leave over taxes and that the city should just seize/operate them instead.
The resident didn't really state his work or expertise....just by the way he talked...I assumed he had a degree (or two).
I'll admit....about two minutes were all I could really stand.
In some way....he assumes that the pricing of the business, and profits....will just stay on a path of continuing...without any issues.
A bad example of this idea? At some point...the NY Yankees will start to have a problem in signing 5-star players....because of the state/city taxation program. This is the current problem in Chicago...with the Bears (serious talk of leaving the state). I expect both the Dodgers and Giants to have this discussion in a couple of years.
Crazy world we live in.
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