New York Needs More Millionaires, Fiscal Watchdog Says NYT | Top Stories By: Matthew Haag 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 TimesA new report found that other big states, like California and Texas, are adding millionaires at a faster rate than New York.