Please note: The NYSE already have developed contingency plans for moving. Created back during the Cold War just in case.
Nah, Wall Street is the engine of the Deep State, they will never kill the Golden Goose.
No, just down to Miami, perhaps.
it’s coming from … South Florida!
~~~~~~~~~~~~~~~~~~~~~~~~~~
Hurricanes, hellacious heat and humidity in the summer months, tornados, alligators, pythons, invasive and dangerous species. Low taxes.
New York, hellacious winters, high crime, high taxes.
Do they even consider any of the “flyover” country?
“Will New York Politicians Tax Wall Street Out of Existence?”
Nah. Just out of New York.
Half of “Wall Street” moved across the river to New Jersey years ago - The rest of anything of value is going to Miami-
In the beginning:
there was New York’s protected deep harbor.
Then access to the Hudson gave natural resources and military advantages.
Erie Canal gave the whole of America access too Old Europe.
Old Europe flooded into America through East Coast cities like NY.
Manufacturing bloomed upstate and followed down through NYC.
WWII used NY as a launching point.
UN brought the Globalists
The Village gave the artists space
Then it all started to crumble.
America turned to the Far East
Manufacturing left
New immigration rules turned off the European Spigot
Low-Rent warehouses were now High Priced “Lofts”
Crime, corruption, unsafe neighborhoods, bad school, union strangle holds.
The High Tax High Wage model doesn’t work anymore.
so the crumble continues - and it ain’t coming back because there is no reason for NYC anymore.
Let it all burn.
There are numerous “pits” on Wall Street. Natural place for the illegals to take over. Problem solved
The exchanges are now run by computer algorithms and the people on the exchange floors are mere tokens. Brokerage back offices have long since moved out of the City (mostly into New Jersey). And the investment banking firms can and will do business in the most hospitable places.
If you look at the addresses of many of the private equity firms, you will notice that they are based in Greenwich or elsewhere in Fairfield County.
BTTT
They might tax them out of Manhattan - but many of the bankers might actually appreciate a move to Miami. :)
“These Americans on the move have taken their money and businesses with them.”
Mayor Bloomberg, now three administrations back, vocalized this very thing.
You can’t vote your way out of stupid.
As your “benevolent dictator” (LOL) I’d move “Wall Street” and all “Wall Street” home offices of all major brokerage companies and all home offices of all major U.S. banks, out of NYC and out of New Yprk State, ending the “empire” in the Empire State. I would not move the all to the same state either. That would also precipitate the end to the oversize role the Federal Reserve Bank of New York has in the Federal Reserve system.
Wall Street owned the democrat party for years a snowball in hell would have a better chance.
If they can.