They're looking for a place to shelter their wealth -
Interesting. So the Ayatollah Mamdani is proposing a wealth Tax?
No. That's not what he's proposing.
Rather, "he has proposed creating an additional tax bracket for New York City residents with income over $1 million, which would be taxed at 5.9%.". The current max is 3.876%. www.cityandstateny.com
Yes, but I was referring to the "Capital building" as in the one in California, in #5.