“It's destroying New York”: Trump shot Mamdani and warned about his fiscal policies

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The Ugandan called the new tax “specifically designed for the richest of the rich” and said its goal was to address a “fundamentally unfair system that hurts working New Yorkers” in a video shared on social media.

In addition, the Mamdani government maintains that it will achieve 'racial equity' by raising taxes on properties in the city whose owners are white people, because, says the mayor, “the wealth of an average white household in the city is more than $200,000, while that of a black household is less than $20,000,” which justifies this decision based on race and discrimination.

The tax that was announced by Mamdani yesterday had been formally proposed by the governor of the state of New York, also Democrat Kathy Hochul. According to her, “the richest owners and foreign oligarchs don't stand up for New York,” although at first the governor was reluctant to tax large corporations and the city's richest residents

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Mamdani Mamdani's communist plan

plans for high-value properties owned by people who don't live in the city full time to be taxed annually to raise up to 500 million dollars for the city. In this way, the communist politician will be able to finance part of his ambitious government plan, which includes, among others, services such as free day care for illegal immigrants