Zohran Mamdani and the Left Made Kathy Hochul Tax the Rich

Source: Jacobin · Bias: Far Left

Summary

This week, democratic socialist New York City Mayor Zohran Mamdani announced, with Governor Kathy Hochul, that New York would impose a pied-à-terre tax. While the playful French phrase implies a small dwelling, it’s a misnomer in this case, since the tax only applies to houses, condominiums, and apartments valued at more than $5 million and […]

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Jacobin

Zohran Mamdani and the Left Made Kathy Hochul Tax the Rich

Far Left

This week, democratic socialist New York City Mayor Zohran Mamdani announced, with Governor Kathy Hochul, that New York would impose a pied-à-terre tax. While the playful French phrase implies a small dwelling, it’s a misnomer in this case, since the tax only applies to houses, condominiums, and apartments valued at more than $5 million and […]