"Let's go on with the tax cuts for another couple of years," Bloomberg said recently on "Meet the Press," a policy that would personally net him millions of dollars in additional wealth.
Recently, Bloomberg spoke vehemently against a proposal to close a loophole that exempts hedge fund managers who work in the city but live outside it from taxes on their multi-million-dollar bonuses, claiming that they would take their operations elsewhere.
At the same time, the billionaire mayor implemented a regressive sales tax increase last year that imposes the greatest burden on working people.
While the city's work force is facing some of the most severe attacks since the 1930s, New York state Comptroller Thomas DiNapoli announced this week that Wall Street is projected to rake in at least $19 billion in profits this year, making it the fourth best year ever, and that year-end bonuses for multi-millionaire financial executives and traders will likely set a new record.
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