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Florida Couldn't Buy Better Advertising Than Mamdani's NYC Tax Announcement

Florida Couldn't Buy Better Advertising Than Mamdani's NYC Tax Announcement
AP Photo/Andres Kudacki

When New York City Mayor Zohran Mamdani was elected, he started using the power of government to target the rich. 

Mamdani is trying to levy taxes to take revenge on the wealthy instead of to provide reasonable public services. In a video lasting just over a minute, he announced a new annual tax on luxury properties worth more than $5 million whose owners don’t live in the city full-time. 

Mamdani filmed the video in front of a penthouse that he said was owned by Citadel hedge fund owner Ken Griffin. 

“Those who store their wealth in New York City real estate but don’t actually live here,” Mamdani said. 

The mayor failed to mention that Griffin has donated over $2 billion in his life, including a $400 million donation to the Memorial Sloan Kettering Cancer Center. But Mamdani considers the wealthy as evil because many of them own companies. 

Ben Shapiro nailed the problem. Mamdani doesn’t see taxes as a way to fund public services or protect property rights. Instead, he’s using the government to target people whom he doesn’t like. And that’s a bad look. 

In 2022, Griffin moved his firm from Chicago to Miami because he was tired of bad policy and high taxes. 

Mamdani is “destroying” New York with taxes, President Donald Trump said in a Truth Social post. 

“Sadly, Mayor Mamdani is DESTROYING New York! It has no chance! The United States of America should not contribute to its failure. It will only get WORSE. The TAX, TAX, TAX Policies are SO WRONG. People are fleeing. They must change their ways, AND FAST. History has proven, THIS “STUFF” JUST DOESN’T WORK.”


When the socialist Mamdani runs out of other people’s money because they’ve fled to warmer and lower-tax states and starts taxing the poor in New York City, this video will remind people how it happened. In the words of Margaret Thatcher, "The problem with socialism is that you eventually run out of other people's money."

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