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Mamdani and the leftist mayors — 4 Comments

  1. I don’t think the New York City council has the authority to enact an estate tax. That lies with the state legislature. They do have a special dispensation which allows an income tax and a commuter tax not found in the rest of the state.

  2. I’d love to see how they come up with that $4 billion revenue estimate. Perot’s “giant sucking sound” will be all the people leaving NYC if that is enacted, and the collapse of property values, and of tax revenues along with them. Mamdani has the economic sophistication of a 12-year-old.

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