Good news, completely bankrupt the city. Communism could take a big hit. He wants city owned grocery stores, yet misdemeanors won’t be prosecuted. When the shelves are stocked the thieves will strip the shelves and walk out. Get a bag of popcorn. He wants the community civilian complaint bureau to discipline the cops, who in turn will stay on the sideline.
I didn’t parrot anything, but took the information as was given, as per Freerepublic standards. The Facebook reel was the only information available that I could fund so I had to go along with it.
Whenever we see such headlines on social media, esp. a video (unless you watch it or read the transcript - if it even has one) then we should be skeptical, and searching the claim was not that hard. I searched Mamdani's 2% hike on millionaires brings total tax to 52% and used use AI search assist (very often better than just the SE), which instantly provided the info and linked source.
At the center of the economic concern is Mamdani’s so-called “millionaire tax.” He’s proposed an additional 2% tax on New Yorkers earning more than $1 million a year. Added to the city’s current top rate of 3.876%, the tax would bring the combined New York City and state tax to 16.776%, by far the highest in the country. The combined federal, state and city rate would be 53.776%. - https://www.cnbc.com/2025/07/17/new-york-city-braces-for-wealth-flight-with-mamdanis-political-rise.html
How fast will it be to bankruptcy and bailout request?
Trump has already given the commie notice he will be getting a drop dead financial response day one that he takes office.
Exactly right. You WILL immediately obey your overlords or be immediately punished by force up to and including possible extermination. These are the current rules of engagement against civilian enemy combatants.