Rich New Yorkers' incomes have soared, but it means more wealth to tax

Source: Business Insider

New York City's rich are getting richer off their investments. Marcin Golba/NurPhoto via Getty ImagesNYC's income gap widened from 2019 to 2024, even as wages for the lowest earners grew. NYC's top earners saw their assets, the biggest chunk of their incomes, grow.