Bloomberg calls higher tax on rich 'dumb'
Photo credit: Getty Images | New York City Mayor Michael Bloomberg looks on during a news conference in New York City. (April 13, 2012)
New York City Mayor Michael Bloomberg
Photos: Mayor Bloomberg at work and play
The candidates looking to replace Mayor Michael Bloomberg next year all have expressed some interest in taxing the rich, but the mayor said it will drive wealthy New Yorkers out of town.
It's just "dumb," Bloomberg said.
He made his thoughts known yesterday before the Columbus Day Parade when asked about a proposal by Public Advocate Bill de Blasio, a potential mayoral candidate.
De...
