The rich are already contributing a significant percentage of the city's revenue. See https://news.ycombinator.com/item?id=26710993 https://news.ycombinator.com

The rich are already contributing a significant percentage of the city's revenue. See https://news.ycombinator.com/item?id=26710993 https://news.ycombinator.com/item?id=26710993 In my opinion, you can't ask them for more. If they are able to move to Florida and still run their business, then the value of their business is not derived from NY but rather from external sources. In this case, these are people bringing wealth from outside to the city. The problem, probably, is mismanagement of the raised revenue. If it is too much money, there will be lots of predators. Sometimes you have to burn everything to realize what you had and start from the ground. People (rich or poor) clearly like NYC more than Miami but it seems with the current governance, the city has to reset itself every once in a while.