Mamdani in the News

tsuke11 said:

Estate Tax exemption lowered from 7 million to 750,000

Estate Tax rates raised with highest going from 16% to 50%

I did say I wanted Mamdani to win so we can see how "Democratic Socialism" is applied in real time. I guess we will see how this turns out.

For comparison purposes the price of a standard 1 br apartment is 800k to 2m in NYC.

Well we gotta go after those billionaires.
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You got to be kidding, as Trump showed us, if you are rich enough to hire an army of attorneys and accountants you aren’t going to pay tax, especially Estate Tax.

“Wants“ and is are two separate things, all politicians say they want something, and

And if you were honest, or one could read the Bloomberg article, you’d know the tax apples to those who do not live in NYC and want to pass on second and third homes they own in NYC. To show you how toothless it is do you think Trump is going to sell Trump Tower now
 
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