It’s time to pay the pied-a-piper
It appears his family is a dynasty of “old money” wealth and has had quite a privileged life. I guess he doesn’t want to pay the tax on his continuing good fortune. He is also not informed of the facts – pied-a-terre taxes are not financing city workers retirement. Does he think that these folks should have free Police Department, Fire Department, ambulance, etc. services?
Be advised that city employees cannot retire at age 50; the minimum age is 57+ and the pension amount is based on number of qualified years worked. He should check the NYCERS website for details of the pension plan for city workers. City workers are required to contribute to their pension plan. The average city employee doesn’t get wealthy from their city salary (no annual bonuses, either) but civil servants do earn benefits in retirement (not financed by taxpayers).