To the Editor: It's not the rich we need. It's their money. In Richard Khavkine's report "With Senate Supermajority, Dems Could Push Progressive Agenda," (Dec. 4 issue), he writes that Governor Cuomo claims that taxing billionaires will "push them out of the state."
Khavkine also writes NJ and Connecticut are raising their taxes on the rich. Those two states are the only place New York billionaires would go. New York's 118 billionaires are worth $525.5 billion, according to Forbes. They have nowhere to go where their wealth will not be confiscated. New York is the safest place for a billionaire's money and health, and they're already here.
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