India, Jan. 12 -- New York mayor Zohran Mamdani plans to tax the city's super-rich to fund his promises. The mecca of capitalism isn't the only global metropolis caught in the debate around taxes and the super-rich. The Labour government's tax policies have triggered similar debates in London. Do some cities have more super-rich people than others? Are low taxes key to attracting the super-rich? Here is a brief summary.

Published by HT Digital Content Services with permission from Hindustan Times....