Alexandria Ocasio-Cortez is pushing for a wealth tax on billionaires for New York state.<br />The tax would be used to help those left out by the federal governments coronavirus stimulus.<br />Sex workers, illegal immigrants, and others would benefit from the billionaires tax.<br />The NY Post and Partnership for New York City claims AOC's tax would lead to a mass exodus of the state’s wealthiest residents.<br />“The top 1 percent of earners who currently account for almost 40 percent of state tax revenues are highly mobile.”<br />Partnership said that many rich relocated during the pandemic and could continue working from out of state if the tax was enacted.<br />The study noted that the coronavirus outbreak caused a temporary exodus of about 5 percent of mostly wealthy city residents.<br />“If this pattern holds, the tax losses facing the state and city will be extended,” the business group said.<br />The normally vocal Ocasio-Cortez had no response to the criticism.
