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CEOs demand Bill de Blasio fix New York as mayor pleads for federal aid

New York City’s business leaders have sent a strong message to Mayor Bill de Blasio one day after a leading Democrat called de Blasio the worst-ever mayor of New York. In a letter signed by 360 city CEOs, the biz folks pleaded with the mayor to start turning around the plunging quality of life for city residents as a way of saving New York from the rampant residential flight not seen since the 1980s.

“There is widespread anxiety over public safety, cleanliness and other quality of life issues that are contributing to deteriorating conditions in commercial districts and neighborhoods across the five boroughs,” the powerful business leaders wrote to de Blasio on Thursday, according to the New York Post.

“We need to send a strong, consistent message that our employees, customers, clients and visitors will be coming back to a safe and healthy work environment. People will be slow to return unless their concerns about security and the livability of our communities are addressed quickly and with respect and fairness for our city’s diverse populations,” they wrote.

The letter was signed by the heads of Macy’s, MasterCard, investment company Blackstone, Loews Corporation and ride-sharing app Lyft, amongst others.

In addition to cuts in policing, the city has had to enact cuts to essential services as the COVID shutdown slashed city revenues. As a result, crime has dominated a city that now sees garbage overflowing into the streets, public urination and feces in addition to raising taxes.

Yesterday New York Gov. Andrew Cuomo (D) said that if the federal government doesn’t bail out New York state, the state will be forced to raise taxes on the “rich.”

“This will be a hole in the financial plan so large that it will be impossible to fill,” the governor said during a conference call with reporters according to the New York Post. “What would we do to try to fill it? Taxes, cuts, borrowing, early retirements [of government workers]. All of the above.”

“New York’s 118 billionaires have a net worth of $600 billion,” echoed fellow Democrat Jabari Brisport, who advocates confiscatory taxes on the “rich.”

The state expects budget deficits of nearly $61 billion through 2024 and New York City alone has $91 billion in debt through 2019.

New York liberals have long been threatening to tax wealth wholesale. For obvious electoral reasons, some in the Democrat party have resisted the call. Politicians who raise taxes are most often defeated in the next election.

De Blasio responded to the pleas by business leaders with pleas of his own to help pressure the federal government for money to cover the city’s governing shortfalls.

“We’re grateful for our business community and are partnering to rebuild a fairer, better city. Let’s be clear: To restore city services and save jobs, we need long term borrowing and a federal stimulus — we need these leaders to join the fight to move the City forward,” said de Blasio.

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