If DeBlasio becomes Mayor, what about the Business Community?

When I was watching Bill DeBlasio's "acceptance" speech last night ( everyone knows that even if he faces a run off he will be the Democratic candidate for mayor here) I was a little surprised at the strength of his populist rhetoric and how he predicted "powerful forces will go all out against us" or words to that effect.

He is probably right, because the richer and more speculative parts of the business community have benefited most from Bloomberg and are terrified of his tax proposals as only rich people can be by the suggestion that they pay a little more.

This again from local Public Radio

WNYC News

Business Community: If Elected, Would de Blasio's Actions Match His Rhetoric?

Wednesday, September 11, 2013

By Ilya Marritz

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  Bill de Blasio at his primary-night rally. (Mario Tama/Getty)

Bill de Blasio’s fight-for-the-little-guy platform includes higher taxes on New Yorkers earning over half a million dollars a year, ending tax breaks for corporations, and spending more on social programs. So: is big business scared?

Kathy Wylde, president of the Partnership for New York City, says some people in business are troubled by his proposals on taxes, but many are ready to get to know him better.  After all, she said, "Most of the people in the business world do not know Bill de Blasio except from his public presentation."
But others say that his proposed income tax hike on the wealthy might drive business owners and others out of the city.

For the full story, click on the audio above.