Kathy Wylde

We don't, I mean, these are, you know, we've got to pay attention, and I think he gets that, but we've got to be at the table discussing these issues and helping figure out how do employers help solve the child care problem.

So what I've found, and for somebody whose upper income earned income in New York, which is our biggest taxpayers, we're paying 55% of our income to the federal, state, and city government, if you're all in.

So we're paying more.

More than half my paycheck goes to the federal government.

So it's not like we're getting away with something.

For the very wealthy who are capital gains, et cetera, the big problem there is if they move their legal residence out of New York City, we don't share or get taxes.

They aren't taxed here on the basis of their global income.

And so we may get a piece of their paycheck, but not their wealth.

And that's a big question.

It is.

But what I found is over many years, when...

when business leaders and the big taxpayers are at the table and they see that number one government is doing what they can to figure out how do we offer the most efficient the most effective services at the lowest cost possible how do we make government more efficient on the one hand then so then you begin to narrow so what's the delta in terms of what what do we need to raise revenues for so for example

When Dick Ravitch in 2007 for Governor Patterson led the effort to figure out how are we gonna pay to upgrade our subways which were falling apart.

We supported and the business community supported creating a payroll mobility tax where a portion of payrolls of corporations, employers who were in the metropolitan region would go to that.

82% of the employees who work for our companies based in Manhattan

Take the public transit to get here.

That was something everybody signed off on.

We supported.

We supported an increase in that tax twice.

Same thing with congestion pricing.