Taxes: Income Backgrounders & Briefs

Nicholas Confessore. New York Times. March 18, 2009.

“Taxes Not Seen as Making the Rich Flee New York” explains that the taxes in New York, New York are relatively high, but rich people continue to flock there. Other incentives for the rich to live in relatively high tax areas include good public schools (which could be boosted by higher taxes), a thriving arts scene, or familial and community ties.