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A Prominent Investor Is Criticized over Mamdani Comments
- donohoe 1y agoHis most recent comment on Twitter/X: Mamdani comes from a culture that lies about everything It’s literally a virtue to lie if it advances his Islamist agenda The West will learn this lesson the hard way
- msgodel 1y ago[flagged]
- deleted 1y ago[deleted]
- oooyay 1y agoHere's the tax policies: "Millionaire Tax": A proposed flat 2% income tax increase on New Yorkers earning over $1 million annually. This is estimated to generate $4 billion in incremental revenue. Mamdani's campaign states this would fund programs such as universal free early childcare, free bus rides, and affordable housing initiatives. [1] Corporate Tax Rate Increase: An increase of the top corporate tax rate to 11.5%, up from the current 7.25%. Mamdani's campaign projects this would generate an additional $5 billion annually [1] Other proposals: Freezing monthly rent payments governed by a city board. Stepping up local enforcement of consumer protection laws and banning non-compete clauses. Implementing common-sense procurement reform, ending senseless no-bid contracts, hiring more tax auditors, and cracking down on fine collection from corrupt landlords to raise an additional $1 billion [2] In the end, most of these things should be good for business and livability in NYC. He's explicitly not doing what a lot of Democrats do which is promise to raise taxes on the rich but then only raise them on salaried high-income earners. 1: https://www.reuters.com/markets/us/mamdanis-millionaire-tax-other-financial-fallacies-2025-07-02/ https://www.reuters.com/markets/us/mamdanis-millionaire-tax-... 2: https://www.zohranfornyc.com/ https://www.zohranfornyc.com/