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This website illustrates how much wealth exists, and how unnecessary budget cuts are.

Visit MakeBillionairesPay.info to learn more about ways to raise money from billionaires in NY State, and what we can do now to make Governor Cuomo tax the ultra-rich.

The total area of this dark blue box
represents the cumulative wealth
of New York billionaires.

600+
BILLION

There are more than

19,450,000

million people in New York State
New York has more ultra-millionaires &
billionaires than ever before
Individuals worth more than $30 million
are classified as ultra high net worth
aka part of the ultra wealth class
There are 8,865 ultramillionaires
out of 19.4 million people in the state.
There are 120 billionaires
out of 19.4 million in the state.
Billions of $$$ is hard to imagine-
for visual comparison here are some to-scale
numbers worth being familiar with . . .
Average Annual
New Yorkers' Income

Average income of the top .01%

Average Income
of the top .01%
$74,501,400
$74.5 Million

Average income of the top .1%

Average
of the top .1%
$2,202.480
$2.2 Million

Average income of the bottom 99%

$Average
bottom 99%
$50,000
$50 Thousand

25K or less

$25K or less
bottom 99%
$25,000
$25 thousand or less
If the total area of this roll represents
the cumulative wealth of billionaires
Then the white box = $1 billion
and the small red square = $25,000

↓

Since the start of the pandemic the
ultra-wealthy have gotten a lot richer
During the same pandemic period
2,594,000 New Yorker residents lost
jobs, 387,000 fell ill with the virus
and 31,000 died from it

387,000
New Yorkers fell ill

31,000
New Yorkers died of the virus

2,594,000
New Yorkers lost jobs

Billionaires in our state now have
$600+ billion, while the rest of New York
suffers under pandemic economic fallout

Cost to forgive all new
york student loan debt
$82,000,000,000

82 Billion dollars

"This crisis calls for multimillionaires
and billionaires to help our state
shoulder this extraordinary burden".

- Senate Majority Leader Andrea Stewart Cousins

This box is the

Cost to provide free pre-k
for all 3 & 4 year-olds in NY

$1,500,000,000

$1.5 Billion
Childcare for all


9 billion dollars = Cost to provide
free childcare for all New Yorkers

$9,000,000,000

$9 Billion

Examples of Wealthy New Yorkers

$3.1 Billion - Richard LeFrak
CEO of the Lefrak organization. Wealthiest
of the strictly real estate billionaires
$2.1 Billion (each)
Alain & Gerard Wertheimer
Owners of fashion boutique Chanel
Own multiple private islands
$3.6 Billion - Marc Rowen
Apollo Global Management
$4.5 Billion - Joshua Harris
Apollo Global Management
$7.6 Billion - Leon Black
Apollo Global Management Wealth

Wealth increased $1B since pandemic.


$50M Manhattan Mansion

$40M LA Mansion

Paid $16M for one painting

Cost to provide all new
yorkers free healthcare

$160,000,000,000
160 billion dollars

$48 Billion -> cost to cover every
prescription and all medical devices for
every New Yorker

$38 Billion -> cost to provide long term
care for every elderly and chronically-ill
New Yorker

$32 Billion -> cost to provide insulin for
every person in the United States

Cost to lift everyone
in the U.S. out of poverty

$175,300,000,000
175.3 Billion dollars

$47,900,000,000

$47.9 billion

Julia Koch & Family
Major Right Wing Donor

Julia Koch's family conglomerate is
koch industries
Koch industries is the 2nd largest
privately held company in the U.S. with
revenue of $115 billion a year
Wealth now $47.9 billion, wealth
increased 26% since the pandemic
Wealth now $47.9 billion, wealth
increased 26% since the pandemic

$266,000,000

$266 Million

Cost to have a nurse in every public school in NY

$3.7 billion - Barry Diller


Founded Fox Broadcasting.
Chairman of Expedia.
Wealth increase since pandemic: $700 million

$12.6 Billion - Donald Newhouse


Publishing/cable - Has a position on
the Library of Congress as both a board
and council member

$3.6 billion - Thomas Secunda

Bloomberg LP

$6.9 billion - Valerie Mars

Mars, Inc.
$82 billion -> Cost to forgive all New York
student loan debt

$8,000,000,000

8 billion dollars

Make CUNY college free

8 billion dollars = cost to
make college free for all CUNY students
for the next 10 years
$25 billion -> Provides 35.7 million laptops
to our kids and whoever needs them

$60,100,000,000

$60.1 billion

Michael Bloomberg - Richest
Person in New York

This box represents Michael Bloomberg's wealth

Former NYC mayor and currently the richest person in NYC

As mayor, he implemented "stop and frisk"
a police practice that unconstitutionally
targets black and brown new yorkers

His wealth, now $60.1 billion, increased 25% ($15B) since the pandemic started

$30,000,000,000

$30 billion

Cost to hire 50,000
teachers for 10 years

If Michael Bloomberg paid for this with his
wealth alone, he would still be a
multi-billionare billionaire afterwards

$17.8 Billion
Stephen Schwarzman

CEO of Blackstone Group.
Fortune increased $2.4 billion since the pandemic started.

Top Trump Donor

$35 Billion -> Cost to build or preserve
600,000 units of new democratically
controlled housing

$6,000,000,000

$6 billion dollars

End Homelessness

$6 Billion = Cost per year
to end homelessness and stably house
every low income New Yorker
$40 Billion -> Cost to repair and update
NYCHA housing for 400,000 New Yorkers

$5,700,000,000

$5.7 billion dollars each

Katherine Rayner
James Chambers
Margaretta Taylor

- Cox Enterprises

Cox Enterprises is a member of "Reforming
America's Taxes Equitably" - a group
advocating for tax "reform" by lowering
the corporate taxes even more
NY faces a multi-billion dollar deficit due
to coronavirus - Cuomo's budget office
estimates it has grown to $14.5 billion
March 28, Governor Andrew Cuomo:

"YEAH LOOK, WE HAVE NO MONEY.
SO LIFE IS OPTIONS.
THE STATE HAS NO MONEY."

NEW YORK STATE BUDGET
DEFICIT

$14.5 Billion

Governor Andrew Cuomo plans to make
New Yorkers in need shoulder the
pandemic burden by cutting the the state's
budget 20% across the board . . .
. . .Cutting 20% across the board will
affect education, healthcare, housing,
homelessness, and much more

GOV. CUOMO'S
20% CUTS

LAYING OFF TEACHERS
& PROFESSORS

HIGHER TOLLS

LAYING OFF
GUIDANCE COUNSELORS &
SOCIAL WORKERS

FIRING NURSES
DURING A GLOBAL PANDEMIC

HIGHER COLLEGE TUITION

DIMINISHED GARBAGE
PICK-UP

HIGHER PROPERTY TAXES
FOR WORKING CLASS
HOMEOWNERS

92% of New York voters prefer new tax proposals over budget cuts


92% - an overwhelming preference for raising taxes on incomes greater than $1 million instead of dealing with the budget deficit by reducing spending on education, healthcare, and other programs.

"The assembly majority has long favored asking those with more to pay their fair share".

- Speaker of the New York State Assembly Carl Heastie

$4.3 billion - Ken Langone

Home Depot Contributed to Cuomo's campaigns for Governor
and consequently served on his council of economic
and fiscal adivsers group in 2010

3.8 Billion - Jeremy Jacobs Jr.


Named to Cuomo's re-opening advisory board Owner of the Boston Bruins, reduced
salaries of team staff while his own
wealth increased by $600 million

3.7 Billion - Jonathan Gray


Named to Cuomo's re-opening advisory board
Donated to 3 Democratic
corporate-friendly presidential
candidates during the 2020 primaries

It's time to stop
protecting billionaires
and start protecting working people

It's time to stop
Governor Cuomo's cuts
to essential schools and hospitals

Since the pandemic started
New York Billionaires' wealth
increased by $77 billion
(March to June 2020)

Billionaire $$$$ Gains
are 5X the State Budget Gap

$77
Billion

$77 billion = More than 3 times
the entire NYS budget

The state budget deficit is huge (14.5 billion)
but it is also manageable

Budget Deficits

≠

Budget Cuts

Ultra-wealthy New Yorkers still
pay lower tax rates than
working class New Yorkers
Yet Cuomo has refused to consider
taxes on the ultra-rich that could
together raise over $45 billion a year
August 31, Governor Andrew Cuomo

"There is no combination of savings,
efficiencies, tax increases, that could ever
come near covering the budget deficit"

We must tell Cuomo Tax The Rich

It's time to make billionaires pay
their fair share to ensure New Yorkers
in need can recover and thrive
These wealth taxes can raise over
$45,000,000,000 for New York

$500 Million
Corp Landlord Tax

Bill numbers: S.7231/A.9041

$650 Million
Pied-a-Terre Tax

Bill numbers: S.44/A.4540

$3.2 billion
Stock buyback tax

Bill numbers: S.7629/A.09748

$13 Billion
Stock transfer tax

Bill numbers: S.6203/A.07791

$4.5 Billion
Ultramillionaires' Tax

Bill numbers: S.7378/A.10363

$23 Billion
Mark to Market Tax

Costs $3.5 Billion
Bill numbers: S.8277B/A.1041A

Demand Cuomo Tax the Rich!!!

Call him --> (518) 474 4246

& tweet him --> @NYGOVCUOMO

92% of voters across New York
want to raise taxes on the wealthy
not cut essential services to
fill a looming budget shortfall

The total area of the dark blue box represents the cumulative wealth
of New York billionaires - $600+ Billion.

There are 14 ways to tax the rich.


Learn more at
makebillionairespay.info
Compared to the wealth billionaires gained during the pandemic the NY deficit is small
Compared to billionaire wealth over all, the amount of revenue these taxes would raise could change the outcomes of covid19 in our state but hardly effect billionaires.
Make no mistake, you’re nowhere near close to scrolling through all of 600 billion dollars. As a physical prop this same representation of NY billionaire wealth is 17 feet wide and 655 feet long. Keep scrolling!
Visit MakeBillionairesPay.info to learn more about what we can do now to make Governor Cuomo tax the ultra-rich.