If NYC leaders borrow money, taxes will stay ‘astronomically high’: NYC Council Minority Whip
NYC Council Minority Whip Joe Borelli on inconsistent dining restrictions in the state of New York, increasing taxes and why many residents are moving out of New York City.
New York City Mayor Bill de Blasio and Gov. Andrew Cuomo are making it difficult for New York to return to normal after the coronavirus pandemic, City Council Minority Whip Joe Borelli told FOX Business’ Neil Cavuto.
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After 9/11, Borelli said New Yorkers were set on rebuilding the city after the attacks on the World Trade Center, but now they’re fleeing in droves. And New York’s elected leaders are seemingly “taking steps to ensure” that their residents aren’t fighting through it, he said.
“Just in the short term, we’re going to lose all these jobs, we’re losing all these residents,” he said. “But in the long term, if the mayor and governor get their way and enact some borrowing for New York City, this is going to keep taxes astronomically high throughout the next three, four, five and even 10 years.”
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