ADVERTISEMENT

How Trump’s Tax Cut Will Lead To NYC’s Fall

How Trump's Tax Cut Will Lead To NYC's Fall

The American South will keep rising and Dallas will eclipse New York. The city that never sleeps has had its obituary written plenty of times, but it may just have met its match in native son Donald Trump. This week on the Benchmark podcast, Bloomberg View's Daniel Moss and Bloomberg News' Scott Lanman discuss how Trump’s tax-cut law is more than just a deficit-busting giveaway to the rich; it affirms the economic and political rise of the South. Even New York's famed cultural and intellectual scene is in jeopardy along with financial primacy. Jared Dillian, publisher of the `Daily Dirtnap' and a Bloomberg View contributor explains how to Dan and Scott.  

 

To contact the authors of this story: Daniel Moss in New York at dmoss@bloomberg.net, Scott Lanman in Washington at slanman@bloomberg.net.

To contact the editor responsible for this story: Topher Forhecz at tforhecz@bloomberg.net.

©2018 Bloomberg L.P.