Posted on 03/08/2026 3:58:45 AM PDT by Libloather
Many Black, middle-class NYC property owners say they’d be among the biggest victims of the Democratic Socialists of America’s proposed tax hikes.
Some told The Post the DSA’s Marxist measures — which include higher taxes for individuals making over $300,000, and taxing inheritances over $250,000 — would hurt New Yorkers like themselves who spent decades building up retirement accounts, paying off homes, and planning their estates to benefit their loved ones.
“The reason you invest is to acquire wealth with the hopes of putting it towards your legacy, for your family — and this will greatly affect my family,” said mother-of-three Lorraine Smith-Singleton, 77, of Jamaica, Queens.
The senior said she didn’t vote for socialist Mayor Mamdani but supports his “millionaire tax” plan.
However, she believes the DSA’s other measures unfairly target people in lower tax brackets.
“I favor taxing the rich — the super-rich, but I’m not in favor of taxing middle-class working people,” said the retired registered nurse. “I own two properties, and I intend to give whatever’s left to my children, not the government.”
“It doesn’t matter if you’re black, white, yellow, green, or purple! it doesn’t matter!” she added. ”If you fall into a certain category, your family is gonna be affected, and it is so unfair.
“We already pay more taxes now than what we should be. Everything is sky high.”
(Excerpt) Read more at nypost.com ...
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James McMillan III is an American political activist and Vietnam War veteran. He was a perennial candidate in New York City. McMillan is best known as the founder of the Rent Is Too Damn High Party, a New York–based political party
He’s still around at 79 .
We all laugh about this guy, but he would have been better than the last few mayors.
Yes, these idiots are crazy.
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