NYC billionaires threaten to leave if progressive candidate Zohran Mamdani wins mayoral primary. But is their fear of losing wealth justified, or just a desperate attempt to maintain power and privilege?

Tax-Dodging Billionaires Promise to Leave NYC If Mamdani Wins

Rich New Yorkers' threats to flee the city to avoid paying higher taxes served only as a "description of the status quo" that Mamdani hopes to change, said one observer.

^{julia-conley (Common Dreams)}