Comment by 33MHz-i486

with all the new taxes the city and the state have piled on, compensation above $1m is going to be taxed (federal + state) at a marginal rate of 56% by 2030, which I believe will be the highest in the country. Not to mention the state is in budgetary deficit, the county is losing population, and the city has extremely business hostile politics. No C-level exec has any economic incentive whatsoever to contract for a large presence there over other places.