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re: Check out some of Mamdani's Tax Hike Proposals for NYC
Posted on 3/13/26 at 8:39 am to Pikes Peak Tiger
Posted on 3/13/26 at 8:39 am to Pikes Peak Tiger
I'm not sure about the death tax, but they're on board for some of the others. There's a lot of pressure on the governor to approve the hikes.
LINK
quote:
State Legislature Backs Tax Hikes on Wealthy, Adding Fuel to Mamdani’s Push
The Senate and Assembly’s budget proposals include many of the mayor’s desired revenue-raisers and give the city a larger cut of state funds.
LINK
This post was edited on 3/13/26 at 8:41 am
0
Posted on 3/13/26 at 8:44 am to RLDSC FAN
Well, this is one way to drive down housing prices in NYC..
Instead of leaving houses for their heirs, people will start leaving NY and coming to FL, TX, NC, and even upstate NY, when they retire.
I would expect Mamdani will look to tax real estate proceeds next, in order to get money from the folks who try to sell before they die.
Instead of leaving houses for their heirs, people will start leaving NY and coming to FL, TX, NC, and even upstate NY, when they retire.
I would expect Mamdani will look to tax real estate proceeds next, in order to get money from the folks who try to sell before they die.
Posted on 3/13/26 at 8:48 am to scottyd
quote:
They should have known that’s exactly what they voted for.
The ones who will be paying these taxes didn't vote for him.
Posted on 3/13/26 at 8:49 am to AndyJ
quote:
It was just a couple generations of "FREE LOADING" immigrants and liberal fukkstiks who think everything should be free that did this.
Fixed it for you
This post was edited on 3/13/26 at 8:51 am
Posted on 3/13/26 at 8:58 am to RLDSC FAN
When you die, Democrats believe that the Government has more right to your private property than your family.
Posted on 3/13/26 at 9:07 am to RLDSC FAN
Mamdani's Democratic Socialist (not so closet Communist) policies really know how to turn NYC into a place where the most productive flee.
Posted on 3/13/26 at 9:14 am to RLDSC FAN
I hope the good people in NYC get out and take their money and talent elsewhere. Then we should wall up NYC and turn it into John Carpenter’s prison camp.
Mamdani’s limo is waiting…
Mamdani’s limo is waiting…
Posted on 3/13/26 at 9:35 am to EastWestConnection
quote:
No one who voted for him is gonna have 750k when they die
A few AWFLs will... but no many.
Posted on 3/13/26 at 9:38 am to RLDSC FAN
If enacted, that estate tax will chase every rich person out of the city.
Posted on 3/13/26 at 9:39 am to RLDSC FAN
A true socialist.This post was edited on 3/13/26 at 9:39 am
Posted on 3/13/26 at 9:40 am to RLDSC FAN
Easy to vote for stuff like this when you don't produce anything as a citizen.
Posted on 3/13/26 at 9:46 am to SludgeFactory
he's a communist
Posted on 3/14/26 at 11:40 am to Jax-Tiger
quote:
I would expect Mamdani will look to tax real estate proceeds next, in order to get money from the folks who try to sell before they die.
Check out the line item above the inheritance tax that will raise 12billion.
"bringing capital gains tax in line with feds" actually means taxing the same rate as the feds, a duplicate tax for the same thing. I guess if he called it what it is an "exit tax" to hammer your arse when you sell your house to get out of NYC.
Posted on 3/14/26 at 11:59 am to AndyJ
quote:
It was just a couple generations of immigrants that did this.
1965 was a hell of a year
This post was edited on 3/15/26 at 8:28 am
Posted on 3/14/26 at 12:09 pm to RLDSC FAN
That will end NYC
Weird factoid
As high as 50% maybe a little higher of luxury NYC apartments are owned but unoccupied
They are used as ghost storage for global wealth
Weird factoid
As high as 50% maybe a little higher of luxury NYC apartments are owned but unoccupied
They are used as ghost storage for global wealth
Posted on 3/14/26 at 12:16 pm to TygerTyger
quote:
Give me wide open spaces and humble country folk.
Heck, give me wide open spaces and the occasional arrogant country guy who knows and appreciates what he does for a living. So he only eats beef he produced on his own land, so he cuts hay five times a year (Texas), so he keeps his fences up and tree free to increase hay yields.
My city slicker (NYC, then Boston, now D.C. ) BIL came to visit, looked out in a field of young steers whose destiny is meat and he said, mimicking a southern drawl, " Guess it's time to go out and milk them cattle."
We smiled and didn't correct him. He lives in D.C., after all, and they know it all.
This post was edited on 3/14/26 at 12:22 pm
Posted on 3/14/26 at 12:22 pm to RLDSC FAN
quote:
Check out some of Mamdani's Tax Hike Proposals for NYC
The Left’s dirty little secret:
Utopia really doesn’t come cost-free.
If you can’t round up enough billionaires to “pay their fair share” and cover the bill in perpetuity…..then others are going to have to pick up the tab.
Posted on 3/14/26 at 12:29 pm to NytroBud
Well a time comes where you have to cut your losses. That time is now for those people living in NYC.
Posted on 3/14/26 at 12:35 pm to RLDSC FAN
When the left make changes to taxes, or add new taxes, they always assume 100% compliance. Nobody will make any moves to avoid the taxation.
The reality is people will use loopholes and people will move. Even diehard leftist voters will avoid the taxation, after voting for the a-hole(s) who are taxing them.
The reality is people will use loopholes and people will move. Even diehard leftist voters will avoid the taxation, after voting for the a-hole(s) who are taxing them.
This post was edited on 3/14/26 at 12:37 pm
Posted on 3/14/26 at 8:39 pm to TheHarahanian
But... there's no money?
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