Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

NYC has the most millionaires of any large metro area — how long till Dems drive them out?
Nypost ^ | 05/12/2024 | Post Editorial Board

Posted on 05/12/2024 3:08:21 PM PDT by ChicagoConservative27

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-26 last
To: MinorityRepublican

Rush Limbaugh, were he still with us, would beg to differ.


21 posted on 05/12/2024 5:38:20 PM PDT by one guy in new jersey
[ Post Reply | Private Reply | To 16 | View Replies]

To: Paladin2

This is largely driven by Wall Street and the financial managers there


22 posted on 05/12/2024 5:43:40 PM PDT by TECTopcat
[ Post Reply | Private Reply | To 2 | View Replies]

To: Lockbox

true, a lot of wealth shifted to the top, due to more greedy business/politicians than good guy like president trump.

but due to those tax dodges, nyc will be propped up to ensure this lasts forever, nyc is too big to fail like d.c will last until we are no more


23 posted on 05/12/2024 6:00:13 PM PDT by VAFreedom (Wuhan Pneumonia-Made by CCP, Copyright Xi Jingping)
[ Post Reply | Private Reply | To 5 | View Replies]

To: MinorityRepublican

If you’re a millionaire, you’re likely to have several homes.


Or just be nearing retirement or recently retired. Lots of basic tradesmen with a single residence have accumulated that much wealth (not counting the residence).


24 posted on 05/12/2024 11:44:33 PM PDT by lepton ("It is useless to attempt to reason a man out of a thing he was never reasoned into"--Jonathan Swift)
[ Post Reply | Private Reply | To 7 | View Replies]

To: Pontiac

If it includes real estate and immovable assets


The article states they are including ‘liquid’ assets as well as investments. They are not including real estate. Roth IRAs would appear to qualify as liquid, as would 401Ks after 59-1/2.


25 posted on 05/12/2024 11:47:59 PM PDT by lepton ("It is useless to attempt to reason a man out of a thing he was never reasoned into"--Jonathan Swift)
[ Post Reply | Private Reply | To 18 | View Replies]

To: MinorityRepublican

A million dollars ain’t what it used to be. Seriously doubt that most “millionaires” in NY own more than one home.


26 posted on 05/13/2024 12:05:07 AM PDT by irishjuggler
[ Post Reply | Private Reply | To 7 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-26 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson