Mamdani's Ultimatum: Tax the Rich or Crush Every Homeowner in NYC | 2/18/26
Zohran Mamdani's plan to fix New York City's budget crisis involves pressuring Albany to soak the rich with higher income taxes on millionaires and bigger levies on profitable corporations, claiming it's the "fairest" way to avoid hurting working families. If state leaders refuse, he threatens a massive 9.5% city property tax hike as a backup, which would slam homeowners, co-op residents, and middle-class New Yorkers. This ultimatum-style approach is designed to force higher taxes on the wealthy by holding property owners hostage. How is the warmth of collectivism now in New York? We Also…
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