A Sliver of NYC’s Wealthy Has Unusual Rallying Cry: Tax Me More

As New York City Mayor Zohran Mamdani’s tax-the-rich plans spark backlash among New York’s wealthy, at least one cohort of millionaires is fully supportive of his policies.

The members of the “Patriotic Millionaires” group — who include a Disney heiress, an owner of Manhattan’s Flatiron Building and a former BlackRock Inc. managing director — argue that rich residents can afford paying more into city coffers. To them, it’s a small price to pay to preserve New York’s long-term vitality.