The Tax Foundation:  “New York is considering increasing their millionaire’s tax . . . . What principal of governance allows one to tax .4% of the population more to pay for the same public services consumed by the other 99.6%? . . . Tuning up the tax rate to raise a billion dollars from a select minority goes beyond most concepts of fairness, even if one believes the wealthy owe a bit more to society.”

See “Millionaires & High Income Earners” and “The Facts on New York’s Tax Climate.”