_WHAT’S HAPPENING_

New York City Mayor Zohran Mamdani is advancing a tax plan built on the assumption that wealthy residents and profitable businesses will simply absorb higher costs without any consequences. And while Mamdani backs the “Tax the Rich” agenda, his plans involve significant blows to middle-income earners — not just the wealthy.

The most aggressive part of Mamdani’s agenda is the estate tax overhaul, which cuts the exemption from about $7.35 million to $750,000 and raises the top rate from 16 percent to 50 percent. This shift would extend the tax beyond the ultra-wealthy and reach middle-class households, especially homeowners with high equity and retirement savings but limited income.

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Susan Kurzman7 months ago

Question: Do you support any part of Mamdani’s tax plan? ANSWER: Yes. I support the part where the wealthy flee the city and locate to lower taxed, well run, well capitalized red states, leaving the NYC Socialists to wallow in the dismal realities of their chosen Socialistic "economics."

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Nate Jacobs7 months ago

My exact thought. Stupid should hurt and "you reap what you sow."

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Photo Man7 months ago

Mummydummy is way beyond being a "Socialist" but is a practicing Communist. When will repulsive Republicans start terming their opponent correctly??

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Mary Verkuilen7 months ago

No. Just no, I do not support any part of Mamdani's tax plan. In fact, I think he wants to turn NYC into the first totally Islamist city in the US. That is his real goal. Don't be too distracted by his crazy financial schemes. Keep your eyes on the real goal. In fact, instead of moving out, NYC residents should reclaim their city by having a recall vote.

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Return to Faith7 months ago

Well reasoned comments.

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Kevin Sargent7 months ago

Idiots voted him in and Idiotic policies are what they get - Funny how that works! Kevin

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Jorge Rios7 months ago

Communism has been tested many times in world history in different countries, the only thing that has been proven is that COMMUNISM DOES NOT WORK, ALL THE THINGS IT PROMISES NEVER COME TRUE. Communism promises utopia, but, intentionaly never difines exactly what that is, thus it can never be attained.

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Photo Man7 months ago

And yet, this is exactly what the 'young generation' is apparently being taught in school/college. And then they go support the No King rally not realizing the real king is Chuckie and all his party henchpeople, which includes Mummydummy and the protesters just love their policies, while they think Trump is the king enemy. Yeah, they sure are confused. We were forced in a 'humanities' class, at the conclusion of the '60's Cultural Hippie Revolution, at Cornell, to study the Communist Manifesto. It was like constantly puking while reading the crap!!!!!!!!! Why does anyone, even with a tiny literal non-functioning brain, even want to accept that elitist social controlled lifestyle crap?!

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Michael H.7 months ago

The people of NYC have only themselves to blame, they voted for this nincompoop to do this to them. My prayer is that those who leave NYC to move to places like Florida and Texas don't take their idiotic political ideas with them. I hope they learn that if you always do what you've always done, you'll always get what you always got.

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Bebe Gleeson7 months ago

No. There is no way that this works. But we already knew that socialism/communism doesn’t work. Just look at Venezuela!

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Fred Scott7 months ago

I don't live there, nor do I ever desire to, on the Mamdani tax plan, just another Communist, so Hell NO.

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William Treadway7 months ago

Apparently mostly legal NYC voters bought this turkeys BS. Own it.

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Lo Mark7 months ago

No. #notmymayor. He wants the middle class to leave so he can make it a total welfare state and destroy NYC..

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Kristin Rohr7 months ago

His approach defies logic, not to mention thumbs its nose at the people who bear the brunt of his supposed "empathy."

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Kate Devaney7 months ago

There is an even bigger picture to examine here. If NY city becomes an empty shell, imagine what will take up its empty space? It will be a living cancer that will spread. It is essential for the whole country that NY city be fought for.

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David Hooten7 months ago

Mayor Mamdani displays, once again, the total economic ignorance of socialists and Marxists. They see it as a zero-sum game: people will just stay in place and pay more and not choose other alternatives. Well, the governor, and many others, have predicted the people he is targeting will just move away, and they are. These folks are so economically challenged that they can't find "their butt cheeks with both hands"!

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Photo Man7 months ago

Yeah, they remind me of a frog that starts the morning off with basking in the cool air of the AM sunshine. At noon, he still sits there as the temperature is pleasant now. Late afternoon, he still in the same spot as the sun is blistering hot now and he is wilting. Come evening, still there. And dead. Fried to death. Was too stupid to realize its changing circumstance and just stayed put. Received the penalty. Paid mightily for it!! Welcome to the world of liberalism/communism. Pure regressive policies.

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NoOne WhoMatters7 months ago

Absolutely would not support his socialist policies.

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david kerkhoff7 months ago

what a joke. that plan never works.

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Jim Harmon7 months ago

I'm not sure if anyone in NYC supports it or even why they would. I feel bad for the residents who have to deal with his policies. I'm sure some who can will leave, but most are probably stuck. And Hochul's plea for the wealthy to return is a stunning reminder of how stupid she is. She and Mamdani are creating a legacy for NYC that will be hard to fix.

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Linda W7 months ago

No! He hood-winked the public.

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Jim Powers7 months ago

NY needs to hold a recall election and get this idiot out of office before he does any more real damage.

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Photo Man7 months ago

"Do you support any part of Mamdani’s tax plan?" NO!!!! Anyone with a mere tiny fraction of a brain, would have known during his election campaign, that what Mummydummy was proposing would not work. I have no sympathy for those idiots that voted for him. I could easily see in the early 90's what was taking place in NY politics. I picked up my family and business and moved it a few hundred miles away to a family and business friendly state. Despite its work and initial challenges, it has been a proven winner. And 2 of my friends, back then, also moved out, as the 3 of us families left within 6 weeks of one another, in '94. A brother of mine did too. My parents, whose business was big compared to mine, moved it out of NY state, too. All of us are happy we did. And over 30 years later, now we have Hooookul screaming please come back!!!! In your dreams, you lib!!! Your state's lose has been our gain.

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KD Brandt7 months ago

Let’s hope that the rest of the Country learns something from watching New York slip into socialist hell. Too bad a once great city has to suffer the consequences of ignorance.

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Steve Fredricks 7 months ago

Absolutely not! I spent a long time fighting communism over half the globe. I can’t believe that I would ever see Americans that are this stupid. I guess higher education doesn’t work

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Don G7 months ago

Let the buyer beware. Citizens, legal or not, voted this mayor into office. Let them suffer the consequences. If or when they leave I hope they remember how their liberal vote turned out.

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JJW JJW7 months ago

NO !!! Capitalism works socialism doesn't. JJW

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Bernie Peer7 months ago

Why are people from India socialist/ communist? I do not know ow much about India politics but you see this. I think the idiots who voted for him should live their reality. I live in Seattle area, but not Seattle. In a few years I will be moving to a conservative state and I will vote conservatively like I have been for 40 years. Washington is beautiful and where my family has been, but there are oligarchs who want all I worked hard for and I’m taking it with me. The mentally ill can go back to insane asylums where they and society will be protected. We support the mentally ill and there 8 unhoused children. We support the lazy illegal immigrants who don’t want work, smile and say give me all your hard earned dollars . Get a job and pay taxes like me!!!

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Mike F.7 months ago

Being a Connecticut resident,I support everything the mayor is doing. I will gladly sell my house to a fleeing New Yorker. The commute is only 1 hour from Stamford.

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Jim Powers 7 months ago

FAFO