And it's the area of New York where the billionaires live and we can enjoy a small slice of how they live. But The real danger to New York is not the couple of billionaires who feel as though taxing their second home is too burdensome for that, but the exodus of essential workers who can no longer afford to be anywhere near this area. Wouldn't that be much more devastating? What you're saying speaks to the fact that for all of the conversation about an imagined capital flight. There already is a flight. (38:08–38:27)
CLAIM
Asserts that the exodus of essential workers is a greater threat to New York than the departure of billionaires.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.