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New York Needs More Millionaires, Fiscal Watchdog Says

29 August 2025 at 01:02
A report by the nonpartisan Citizens Budget Commission comes at a time when income inequality and affordability have been the most prominent themes in the race for New York City mayor.

© Ashley Gilbertson for The New York Times

A new report found that other big states, like California and Texas, are adding millionaires at a faster rate than New York.
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