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> What is not in dispute is that the richest New Yorkers pay most of the income tax the city collects. The 41,000 filers in the top 1% pay just over 40% of all
by mcntsh 4y ago
> What is not in dispute is that the richest New Yorkers pay most of the income tax the city collects. The 41,000 filers in the top 1% pay just over 40% of all income taxes. The 450,000 in the top 10% contribute almost exactly two-thirds of the city’s income tax revenue. The remaining 3.3 million taxpayers pay the final third.
https://www.thecity.nyc/economy/2022/12/6/23497265/nyc-tax-data-high-earners-drop-2020 https://www.thecity.nyc/economy/2022/12/6/23497265/nyc-tax-d...