Its so funny the NYTs has like half a dozen quotes about people opposed to the tax hikes but not a single one has presented a real idea for alternatives.
“We are either going to get the money from the fat cats or from you. Your choice.”. I’m waiting on pins and needles to see where the money comes from.
Why not both?
Because a property tax hike only hurts the middle class
Are there middle class property owners in New York city?
I feel like middle class would all be renters there and upper class wealthy the only actual owners.
^ this. This is the NYC situation
You have fallen for propaganda, this simply isn’t true.
Please enlighten me how a property tax increase doesn’t hurt the middle and lower class disproportionately. I’d love to hear this.
This is how you do it when you’re serious about achieving what you promise for your constituents. Use your tools as needed, demand cooperation, when you don’t get it, use your tools as leverage. Even if you fail, people see you did what you could and then they’re ready to punish whoever stood in your way at the ballot box. This is why the oligarch class is so afraid of Mamdani who’s just a mayor.
I’m a NYC resident, and I pay property taxes. If this is the stick that will (hopefully) get us the carrot of a wealth tax, I’m all for it. If property taxes end up going up, and we can use it to make the city better with the services Mamdani wants to get going, well then let’s go. I will figure out how to pay the additional taxes somehow. With that said, let this be a bargaining chip. Working with the rest of NYC’s political class is like a bunch of toddlers. The best thing you can do is give them two options, one you want (which they won’t like) and one you don’t want (which they really won’t like). And make them pick. So they feel like they have agency, it’s their decision, don’tchaknow?
Don tchak now
It’s a little bit misleading to refer to as any mayor of New York City as “just a mayor“.
Second largest city in north america?
It’s just a tiny little financial capitol of the world with a measley population of only 8.4 million people.
Barely as large as Austria
If NYC was a state it would be between the 11th and 12th most populous state.
And California is the world’s 4th largest economy, behind only the entire rest of the United States, China, and Germany. New York State would be 8th.
The Democratic states and cities are economic and sociopolitical leaders for a reason. Don’t listen to the bullshit calling them socialist hellholes. The evidence suggests that taking care of your people (and maybe even having illegal immigrants too gasp or better yet legal immigrants) is actually an economically sound, and maybe even economically preferable strategy overall.
Illegal immigrants are one of the strongest boosters of the economy, since they are a source of cheap skilled labor. You’d have to be totally stupid to intentionally throw away that advantage.
I agree that it would be better to make them legal however. I believe in free movement and commerce.
I agree that it would be better to make them legal however. I believe in free movement and commerce.
100% Nobody wants to be in this situation.
The system simply doesn’t allow for people to enter ‘in the right way’, as far as the vast majority of non-rich people around the world are concerned the US Border is closed unless you win a literal lottery.
We clearly need these people and benefit from their presence both economically and culturally. Instead of creating an immigration system that reflects that reality, we have one that makes them live in the shadows and deal with exploitation because they cannot access normal public services, including the police, for fear of being arrested (possibly violently) and thrown in detention for an unspecified amount of time.
It has to be different, and not in the ways that these white nationalists cosplaying as law enforcement are envisioning.
I love when people say the us should get rid of CA. Yeah let’s just throw away the worlds 4th largest economy because you’re anti woke 🙄
You can also casually remind people that more Republicans live in California than Texas, which usually makes their head explode. It’s an enormous state, with a huge economy, with tons and tons of people.
People like that are willing to do or say anything in order to get validation for their shitty beliefs
I mean everyone has something they value more than economics… For some, those are bad values, but it’s not unique.
The population of NYC is larger than the combined population of the smallest 28 countries in the world.
Uh doesn’t this just inflict pain on the middle class if it ends up passing?
Does the middle class own property in New York at all? I thought most just rent apartments.
NYC is 5 boroughs a lot of it is single family or 2 family housing.
And you think land lords won’t pass increased property taxes on to their tenants?
I don’t live in NYC so I won’t give an opinion on this but landlords won’t just eat increased taxes.
No, in a market like NYC rents are already the maximum that the market can bear, and a lower percentage of property prices than elsewhere. Landlords in fact will eat at least part of the increased taxes because the only other option is to not rent the property. That’s exactly why they’re so upset about it.
Property taxes are paid by the renters. Landlords don’t have any money other than rent. This is a tax on tenants with extra steps
Landlords don’t have any money other than rent. This is a tax on tenants with extra steps
The landlords that this is targeted against are not the slightly rich guy who owns an apartment building, it’s people like Citadel LLC who has nearly $70 Billion dollars of assets under management, a large portion of which are rental properties.
Those landlords have the money to pay the taxes. They own much more expensive properties, many of which are held empty and are limited in how much they can raise their prices indirectly, due to them already charging as much as the market will bear and also directly by Mamdani freezing rents.
In addition, many wealthy people in NYC own expensive housing (including Trump) that they use and do not rent.
Better pass a rent freeze first or that property tax increase will just get passed on to the people who can afford it least.
He’s working on it. Link
Rent freezes make landlords only do the bare minimum maintenance required by the law since they can’t increase rents when doing any remodelling.
Honey landlords already do the bare minimum.
While I wholeheartedly agree with the goal, we should keep in mind that this is still executive overreach and that one single person shouldn’t get to decide. Of course, the whole system needs a better approach to really implement the constituents’ wishes, but no kings goes at all levels, not just the presidency.
He’s required by law to balance the budget and has legal authority to do so by raising taxes.
If anything most his critics are proposing he simply disobey the laws by slashing lawful services or by operating at a shortfall.
No, oddly enough a mayor does in fact have the authority to increase or decrease property taxes.
He can also implement “special assessments” or “mansion taxes” o properties.
He does have limits on who he can tax, it looks like the state controls the taxation for homesteads. Im not certain he can raise taxes on people with one home that they are currently living in (that may require state approval).
I never said he doesn’t have the authority, I said that if what he wants is not in his power, the state legislature in this case, this approach is something people would decry if the opposite side of the spectrum did it (the approach itself, the content would anyways).
and that one single person shouldn’t get to decide
I doubt that he is bypassing any legislative process here. Hes just doing things that are legally within his power.
Oh, I’m not saying he is doing anything outside of his powers, I’m just saying that legislating by executive order is not tactic that should be encouraged.
Yeah executive orders are a stupid concept, but is it even the case here. I dont see anything about it in the article, it just says “Mayor Zohran Mamdani on Tuesday proposed to raise property tax rates in New York City by nearly 10 percent”. It just sounds like a proposal that is still undergoing evaluation, not an order.
Communism is fun until there is no more someone else’s money for free handouts.
I adapted it but it’s still valid I guess.
Expect companies to flee the state just as happened in LA.
Then start taking their property and give it to the community of people who are running it anyways.
What about when there is no more someone else’s property left to “give to the community”?
Then the community has less burdens and it continues to build them as they always have for the rich.
You think you would just disappear because you can’t suck rich people’s dicks?
Where do you think those billionaires got their money?
spoiler
Its all Someone Else’s Money
If I sell you a thing, it’s no longer your money, it’s my money. You get a thing that is now your thing.
Do you think billionaires got their money through their own labor?
Nah, you get temporary conditional privileges to use my thing. And I decide the price because I’m the only company that makes the thing because I’ve used all of my previous exploitation of you to buy out all of my competitors and buy your government.
Free market so good
Problem is by now, I don’t get that thing anymore. i get a freaking licence to use it for some time, and when you decide I don’t own that licence anymore you got my money and I have nothing
Only time will let us know what will happen.
Weakest disengage ever… You can do better!
This isn’t communism and social programs are a net positive in the long run. California is doing fine.
Narrator: California was not doing fine.
I’m from California, leftists fucked up San Francisco
What leftist policy did San Francisco pass that fucked it up?
You’re not getting a real answer on that one, chief. Guy came to publicly lick boots and boat shoes.
nimbys fucked up san fransisco, so they can charge people 1-2k/month to live out of tents in their backyards
I’m curious, what’s your definition of communism?
Read about the horseshoe theory and you will know it.
We’re asking what YOU define as communism.
I define it as something not much different than fascism. For me the main differences between these are the nationalist and globalist difference, fascism being national socialism and communism being globalist socialism.
I know the official definition of communism is just the owning of the means of production by the state which could be true but beside that there is always an elite of individuals which are in control and have a particular interest in controlling everyone else’s lives for the good of “the proletariat” but more for their own interests.
So national socialism is a more localized doctrine and globalist socialism is a more global doctrine.
an elite of individuals which are in control and have a particular interest in controlling everyone else’s live
Ask a lib to describe communism and they describe capitalism.
Slightly more insidious than that is the attempt to conflate ‘socialism’ with ‘national socialism’, i.e. the Nazis. Seemingly every five minutes someone tries to conflate the two despite being on opposite sides of the political spectrum, hence the bullshit pseudoscience that is “horseshoe theory”.
Libs: I just shit my pants. Both the communists and the nazis are trying to avoid me. That’s because they’re actually the same.
Lol a fucking mgtow 😂
Expect companies to flee the state just as happened in LA.
There’s the door then! points toward New Jersey
