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New York’s Millionaires Call For Higher Taxes To Benefit Those In Poverty

New York’s Millionaires Call For Higher Taxes To Benefit Those In Poverty

A nice gesture.

Matthew Cooper

Matthew Cooper

It's very easy to have a perception that all rich people hate the poor, although that's almost never the case.

However, the wealthy people of New York are now calling for higher taxes so they can directly benefit those living in poverty in the state.

According to The Independent, on Monday some of the state's wealthiest citizens said they were concerned about a lack of investment, both in human resources and basic infrastructure.

To fix this problem, the wealthy have suggested that the only solution is to tax the state's wealthiest citizens more highly.

A group of around 40 millionaires wrote to Democratic Governor Andrew Cuomo and senior legislators, asking them to consider raising taxes on the state's wealthiest residents to help address poverty.

"We are upperincome New Yorkers who treasure the quality of life in our state. However, we are deeply concerned that too many New Yorkers are struggling economically, and the state's ailing infrastructure is in desperate need of attention. We cannot afford to ignore these challenges," the letter read.

However, the proposal will face many difficulties as the Democratic majority and the Republican party have different ideas when it comes to taxing millionaires.

Words by Matthew Cooper

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Topics: New York