New York City in the world at 103, including former Mayor Michael Bloomberg. New York also had the highest density of millionaires per capita among major U.S. cities in 2014, at 4.6% of residents. New York City is one of the relatively few American cities levying an income tax (currently about 3%) on its residents. New York is a global hub of business and commerce. The city is a major center for banking and finance, retailing, world trade, transportation, tourism, real estate, new media, traditional media, advertising, legal services, accountancy, insurance, theater, fashion, and the arts in the United States; while Silicon Alley,
Silicon Slopes grouping includes memory process technology companies SanDisk and the Intel/Micron joint venture IM Flash Technologies, video game software development companies EA Sports, and data analysis software including Adobe Systems. It is one of a growing number of technology communities (List of places with "Silicon" names) and technology centers (List of technology centers) gaining status from their relationship to or similarity with Silicon Valley, California. The term "Silicon Slopes" is the brainchild of Josh James (founder and CEO of Domo) for the purpose of creating a branding campaign to promote Utah's growing technology community. The nickname is derived from "Silicon Valley,"