What, a meme that's promoting a lie? And wealthy property owners are spreading misinformation in the NYPost and their other pet news media?
Mamdani has reversed the class warfare. Instead of accepting the constant grifting by wealthy assholes, and their rises in rents, prices and fees, Mamdani proposes to the governor a tax on the wealthy assholes.
Mamdani’s message comes as [Governor] Hochul, who has ruled out income tax rises, said the state would contribute $1.5bn to help reduce the city’s budget deficit, which is expected to rise to a $7bn gap from $5.4bn over the next two years. Mamdani notably inherited a larger deficit than expected from his predecessor, Eric Adams.(https://www.theguardian.com/us-news/2026/feb/18/mamdani-new-york-wealth-tax-property-taxes)
Mamdani is threatening a 9.5% property tax if there is no increase in taxes for the wealthiest New Yorkers. It's just a threat.
News media is of course controlled by wealthy assholes, so we won't see much reporting on the benefits of asking the wealthy to pay their fair share in taxes.
I don't know the long answer to the question. The short answer is that Mandani's government has to pay down a massive $7 - $12 billion debt they inherited from the corrupt AF predecessor government. Here's the whitewashed AI version of what caused the debt:
As of early 2026, New York City is facing a severe fiscal crisis, with projected budget gaps in the billions, with estimates reaching as high as $10.4 billion for the 2027 fiscal year. The financial pressure, described by some as a "$12 billion deficit," is driven by a combination of high costs for managing the influx of asylum seekers, the expiration of pandemic-era federal aid, and a softening tax base.
Migrant Crisis Costs: A significant contributor to the current fiscal stress is the cost of providing housing and services to over 100,000 asylum seekers. The Adams administration has noted that this crisis has cost the city over $7 billion, leading to significant budget strains.
Expiration of Federal Aid: During the COVID-19 pandemic, the city relied on nearly $24 billion in federal stimulus funds. As these funds expire, the city is left with structural deficits that those one-time funds previously covered.
Declining Revenue and Economic Shift: Tax revenue, particularly from property taxes and from high-income residents leaving the city, has not met expectations. There has been a notable departure of high-earning households, reducing personal income tax, a major source of revenue.
"One-Shot" Budgetary Practices: Critics have blamed the administration for using one-time, "one-shot" financial measures (such as using federal stimulus for recurring expenses) rather than creating a sustainable, long-term budget.
Increased Operating Costs: The city is facing higher costs for services, including police and firefighter overtime, and the need to fund labor contracts negotiated in previous years.
Thanks, though I'm concerned that disinformation is controlling so much of the US political narrative and political corruption, funded by wealthy special interest groups (it's been a 40 year process). The State of the Union was another example of those lies.
Increased taxes (income or property) would primarily impact the wealthiest New Yorkers. An extra 5% for you and me is no big deal. The wealthy can afford to pay a fair share of taxes. Currently they tend to hide money in tax havens and pay little or no taxes.
The rich pay no taxes as their income is invested in stocks and bonds and used to get bank loans that don't count as income and live off of that. Then selling stocks and bonds at a loss to pay back the loans meaning they lost money in selling the stocks and bonds which can't be taxed.
That's what people don't understand. The politicians can make promises and even follow through on increased taxes for "the rich", but they will pass laws for loopholes to allow them to shuffle the basis for the taxes into non-taxable categories. The ruling class are, or are in bed with, the ones who benefit from the loopholes.
Log in
What, a meme that's promoting a lie? And wealthy property owners are spreading misinformation in the NYPost and their other pet news media?
Mamdani has reversed the class warfare. Instead of accepting the constant grifting by wealthy assholes, and their rises in rents, prices and fees, Mamdani proposes to the governor a tax on the wealthy assholes.
Mamdani is threatening a 9.5% property tax if there is no increase in taxes for the wealthiest New Yorkers. It's just a threat.
News media is of course controlled by wealthy assholes, so we won't see much reporting on the benefits of asking the wealthy to pay their fair share in taxes.
Is it a tax problem or is it a spend problem?
I don't know the long answer to the question. The short answer is that Mandani's government has to pay down a massive $7 - $12 billion debt they inherited from the corrupt AF predecessor government. Here's the whitewashed AI version of what caused the debt:
I appreciate your willingness to argue a different position. Maybe it would be nice to have politicians in general who don't threaten people.
Thanks, though I'm concerned that disinformation is controlling so much of the US political narrative and political corruption, funded by wealthy special interest groups (it's been a 40 year process). The State of the Union was another example of those lies.
Increased taxes (income or property) would primarily impact the wealthiest New Yorkers. An extra 5% for you and me is no big deal. The wealthy can afford to pay a fair share of taxes. Currently they tend to hide money in tax havens and pay little or no taxes.
IMO, if they want to take 50% from me, they should take 50% from the rich. (or whatever %)
The rich pay no taxes as their income is invested in stocks and bonds and used to get bank loans that don't count as income and live off of that. Then selling stocks and bonds at a loss to pay back the loans meaning they lost money in selling the stocks and bonds which can't be taxed.
I know. They own nothing and manage their complex trusts.
It's rigged.
I used to work for corporate lawyers that worked for the elite. They find loopholes in everything. Trump uses it, New York Jew Tycoons taught him.
That's what people don't understand. The politicians can make promises and even follow through on increased taxes for "the rich", but they will pass laws for loopholes to allow them to shuffle the basis for the taxes into non-taxable categories. The ruling class are, or are in bed with, the ones who benefit from the loopholes.
That is what Trump said when they leaked his IRS Return, almost every rich person uses loopholes.
Tax and Spend Democrat.
Commies gonna cum*
I bet goonmatrix.net is available. Goonmatrix, coming soon.
Cummies gonna comm. /s
No, not available. I think the foot fetish guy registered it.
Which?
FootMatrix.net is available.
VoatMatrix.net is available.
CoatMatrix.net is available.
GoofMatrix.net is available.
GoshMatrix.net is available.
GodMatrix.net is available.
VoteMatrix.net is not. Plesk.
BoatMatrix.net is not.
GovMatrix.net is not.
What looks absurd is the mayor of the financial capital city of the American empire trying to be a commie.