In Gilded City, Living Wage Proposal Still Stirs Fears

Let’s slip into our Louis Vuitton shoes and take a gilded stroll through Manhattan.  We begin downtown, where Goldman Sachs, that exemplar of 0.001 percent America, reaps a multimillion-dollar tax break for its office tower, a deal accompanied by a multimillion-dollar landscaping clause. (You expected Lloyd C. Blankfein to yank weeds, maybe?)In Midtown, we can draw money from an A.T.M. in the richly subsidized Bank of America tower, and skip over to Ernst & Young, where public tax dollars have underwritten a smashing skyscraper.  Now off to Yankee Stadium, where parking, seats, grossly overpriced hot dogs and pitchers all owe a debt to hundreds of millions in tax subsidies.Our tour complete, we loop back to City Hall, where with luck, we may hear our billionaire mayor declaim on a ruinous proposal that several thousand low-wage workers could receive a wage of $10 an hour if they labor in developments irrigated with city tax subsidies.