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EVs and Climate Change and the Paparazzi Economy

Bloomberg Opinion

CHAPTER

The Rise of Income Taxes in New York City

Federal income tax revenue fell so fast that the moment where Janet Yellen said she couldn't pay the bills moved up. For New York city, it's less of an issue. Income taxes only maybe a quarter of revenue or less. And at least so far, there are issues with commercial real estate,. But residential real estate in New York city is seems to be as in demand as ever.

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