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Old Apr 20, 2026 | 04:07 PM
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I love how rich people are saying the penthouse tax in NYC is going to make billionaires leave for places like Miami. Do they think people are really worried about vacant penthouses?!
Old Apr 20, 2026 | 04:10 PM
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Originally Posted by SW17LS
People who think we should raise taxes on wealthy people don’t hate wealthy people. I’m advocating for raising my own taxes…I don’t hate myself.

I also have zero sense of envy for anybody.
I'm not talking about YOU, or Mike. I wouldn't insult a fellow member like that.

It's just not clear to me why you pay the least amount possible yet want to pay more?

But you know darn well there are tons of people out there so jealous of people with more money than them it turns into hate, lots of them.


Old Apr 20, 2026 | 04:12 PM
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Because just me paying more than I have to doesn’t solve anything. We need to close loopholes and make people who have higher earnings pay the same effective tax rates as lower income people. If I had to pay more alongside everybody else like me then fine.

I don’t “want” to pay more…but I should pay more.

Last edited by SW17LS; Apr 20, 2026 at 04:13 PM.
Old Apr 20, 2026 | 04:13 PM
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Originally Posted by SW17LS
I love how rich people are saying the penthouse tax in NYC is going to make billionaires leave for places like Miami. Do they think people are really worried about vacant penthouses?!
Lol they're already leaving...

And those two new beautiful insanely tall luxury towers on Billionaire's Row in Manhattan, one of them Park 432, are considerably vacant. The other super skinny one as it gets taller also is nowhere near full. They can't sell the penthouse.

Last edited by AJT123; Apr 20, 2026 at 04:17 PM.
Old Apr 20, 2026 | 04:14 PM
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Let them leave. Doesn’t bother anybody. Let the real estate fall in value to where more people can afford it, then it won’t be vacant and people will be paying taxes on it.

People who want to be in NYC, a dynamic city that is the center of the country’s financial life will stay in NYC.

Last edited by SW17LS; Apr 20, 2026 at 04:15 PM.
Old Apr 20, 2026 | 04:16 PM
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Originally Posted by SW17LS
Let them leave. Doesn’t bother anybody. Let the real estate fall in value to where more people can afford it, then it won’t be vacant and people will be paying taxes on it.

People who want to be in NYC, a dynamic city that is the center of the country’s financial life will stay in NYC.
NYC isn't what it once was and it's a shame. I'd never, ever want to live there.

But whatever, everyone do your own thing with your taxes.... I don't fault people for using loopholes, rich or poor or middle class.
Old Apr 20, 2026 | 04:19 PM
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Originally Posted by AJT123
NYC isn't what it once was and it's a shame. I'd never, ever want to live there.

But whatever, everyone do your own thing with your taxes.... I don't fault people for using loopholes, rich or poor or middle class.
NYC is a great city and in many ways is better than it ever was. I’d live in NYC in a heartbeat, only city I would live in. Bear in mind 30 years ago NYC was a shithole full of crime and strip clubs.

I don’t fault people for using loopholes either. Point is the loopholes need to go away. I don’t blame a billionaire or a company for paying no taxes, I blame our government for allowing that to be possible.
Old Apr 20, 2026 | 04:20 PM
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Originally Posted by Framestead
Lol I didn't bring billionaires up....

I hate these gas prices but they will go down it'll just gonna take a minute.

Billionaires like I said create jobs and taxpayers... People always leave that part out. And they usually leave it all to charity too. Bill Gates is leaving his kids 10MM each and every penny of the rest of his billions is going straight to charity.
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Old Apr 20, 2026 | 04:21 PM
  #609  
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Companies create jobs, not billionaires. Billionaires horde money and keep it out of circulation
Old Apr 20, 2026 | 04:22 PM
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Originally Posted by SW17LS
NYC is a great city and in many ways is better than it ever was. I’d live in NYC in a heartbeat, only city I would live in. Bear in mind 30 years ago NYC was a shithole full of crime and strip clubs.

I don’t fault people for using loopholes either. Point is the loopholes need to go away. I don’t blame a billionaire or a company for paying no taxes, I blame our government for allowing that to be possible.
Well, we can all just do our part and vote for what we want. I can't stand people who talk about politics and don't vote. Again, not toward you or anyone else here.
Old Apr 20, 2026 | 04:24 PM
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Originally Posted by SW17LS
Companies create jobs, not billionaires. Billionaires horde money and keep it out of circulation
They give TONS to charity rather than the government.

If I were a billionaire I'd leave all my money to help disabled kids or some pet organization.
Old Apr 20, 2026 | 04:33 PM
  #612  
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Originally Posted by AJT123
They give TONS to charity rather than the government.

If I were a billionaire I'd leave all my money to help disabled kids or some pet organization.
I think if you look at the giving of a lot of billionaires you’d be surprised. As for not giving it to the government we’re operating at huge deficits and have exploding national debt. As a society we need revenue. We’re always looking to get it from middle class people where we should get it by restoring taxes on billionaires to what they used to be.

There are also so many more billionaires now than there have been historically because of these things we’ve talked about we don’t know what they will do when they die yet.

Last edited by SW17LS; Apr 20, 2026 at 04:35 PM.
Old Apr 20, 2026 | 05:35 PM
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One of my clients is from a billionaire family, private jet and all. Drives a Tesla whenever he comes to his offices in Queens from Long Island, so he can skip traffic on the LIE in the HOV lane. All the rich people in Long Island used to drive Prii with when hybrids were allowed in the HOV, now they are all driving Teslas.
Old Apr 20, 2026 | 05:45 PM
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Old Apr 20, 2026 | 05:46 PM
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Originally Posted by Och
One of my clients is from a billionaire family, private jet and all. Drives a Tesla whenever he comes to his offices in Queens from Long Island, so he can skip traffic on the LIE in the HOV lane. All the rich people in Long Island used to drive Prii with when hybrids were allowed in the HOV, now they are all driving Teslas.
Didnt nyc get rid if that carve out, so 2+ only now?



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