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Remove card http://www.djoasis.com/purchase-custom-essay/ some who will write my paper In part, this is because New York’s economy is absurdly dependent on its main driver of inequality—the finance industry. Finance accounts for roughly forty per cent of all the wages paid in Manhattan, and almost a quarter of the city’s G.D.P. (That’s not even to mention the myriad businesses—high-priced law firms, say—that service the financial hub.) Wall Street’s importance limits what a mayor can do to reduce inequality from the top down. The same is true of the city budget’s dependence on the wealthy—the top one per cent of earners pay forty-three per cent of the city’s income tax. In other words, the rich we will always have with us.


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