David Byrne: If the 1% stifles New York's creative talent, I'm out of here

Re:David Byrne: If the 1% stifles New York's creative talent... by jlgreco on Monday October 07, 2013 @04:12PM (#6510884)

Taxing rich people more for having multiple homes isn't going to make them give up those homes (we are talking about "1%"ers, right?), all it is going to do is increase your tax revenue. If you plan is to use that additional revenue to provide housing for the poor, the knock yourself out, I think that is a swell plan. However focusing on where that money comes from is a distraction.

Rich people having multiple homes is a distraction that is engineered to tug on irrational anti-rich sentiment. Tax them if you want, but don't mistake them for the actual problem.

[ Parent | on HN ]

Re:David Byrne: If the 1% stifles New York's creative talent... by so_says on Monday October 07, 2013 @06:34PM (#6511773)

I don't know if taxing is the right idea. I just know that a city void of actual residents is a city without a soul. NYC is becoming like parts of Florida, except at least in FL, the residency is tied to a season, so you get a critical mass of people together in one place.

[ Parent | on HN ]