In the richest city in the world – New York, the top 1% of the richest residents paid $4.9 billion in local income taxes in 2018, forming 42.5% of the total income tax collected by the city.
In the richest city in the world – New York, the top 1% of the richest residents paid $4.9 billion in local income taxes in 2018, forming 42.5% of the total income tax collected by the city.