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Metropolitan New York City
Reply to "Non resident luxury tax on $5M + properties. "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Mamdani is a moron, with that smug, ignorant grin on his face. I think this tax is a dumb idea. The devil is in the details on it and I highly doubt they will do it right. And if he wants to get people on his side, why target Ken Griffin of all of them? Mess with the bull, you get the horns. Griffin controls a lot of jobs in NYC - don't want to piss him off. And he is playing 3d chess while Mamdani is playing checkers. If for some reason you want to target someone as a poster child of excess, go after some Russian oligarch or something similar.[/quote] Yep. Dumb choice of target. Details aren’t Mamdani’s strength, it’ll sound good to his base and bring in little revenue. [/quote] I was not a fan at all of his when he was running - as you noted, he was great at making lots of promises that were clearly unrealistic and this really bothered me. I thought I was pleasantly surprised as he seemed to have at least a few seasoned, reasonable people working directly for him, and I was hoping they would bring him down to earth. But that doesn't really seem to be the case.[/quote] Anti Mamdani voices made it seem like an exodus would happen on day one, but these things take time. It’s not easy to sell your coop and move your kids out of school. There is a budget shortfall. He needs more millionaires living in NYC and paying income taxes. De Blasio’s tenure and ending the SALT deduction led many, many more millionaires to live in the Southeast and Southwest than there would have been otherwise. [/quote]
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