NY’s Wealthy Population Rose Despite Tax 
Photographer: Yuki Iwamura/Bloomberg
New York’s millionaire population grew by nearly 2,000 in a single year, even as the state hiked up the top marginal tax rate for most wealthy filers, according to a Washington think tank’s report on recent IRS data.
While opponents of taxing the wealthy say such an adjustment would drive millionaires out of New York City, Groundwork Collaborative says the IRS data tell a different story.
The IRS’s 2023 Statistics of Income data, according to the think tank, showed the number of New Yorkers reporting more than $1 million in income went up that …