Try to imagine the outrage if any politician would say they want to tax black neighborhoods or Spanish neighborhoods. They would be banished from politics and forced to step down for racism. But that’s not the case with far-left NYC mayoral candidate Zohran Mamdani who open says he wants to Tax White Neighborhoods.
Mamdani is the human embodiment of the WOKE Socialist agenda who has no problem with racism towards white people.
And most likely the best candidate New York can come up with to be its next mayor.
Huh?
Let’s look at the other candidates.
Current Democrat Mayor, Eric Adams (now running as an Independent) signed his death warrant with the Democrats in power after openly criticizing the O’Biden regimes forcing of thousands of illegal immigrants onto New York.
The lone Republican candidate, Curtis Sliwa is a longtime New York City activist and founder of the Guardian Angels, a 1970s nonprofit known for its crime-fighting efforts and signature red berets.
Sliwa says he’s running for mayor to “finally end the disastrous reign of de Blasio-Cuomo,” with public safety and police funding at the core of his campaign.
Ironically (or NOT) the last legitimate* Republican Mayor of New York was Rudy Guiliani going back to 2001…and he’s been on the Democrats most hated list for many years.
(* Michael Bloomberg was mayor after Guiliani who claimed to be a Republican…but he was a closet Democrat)
And as with all Republican mayoral candidates in New York for the last few decades we say, “Good luck with that.”
Because Socialists (like Mamdani…who we prefer to call Mad-mani) feed on increased taxation to support the welfare state, which comprises their voter base.
They need people who are utterly dependent on big government to gain and maintain control.
And equality to a Socialist means that everyone is equal in poverty.
Not only does Mad-mani want to raise property taxes, but he stated that “wealthier and predominantly white neighborhoods” in New York City should disproportionately shoulder the majority of the tax burden.
That’s right—he wants to raise taxes on people based on skin color.
White Neighborhoods
The rich White Neighborhoods may be the first target, but his voter base does not realize that these taxes will eventually be passed on to absolutely everyone.
New York (or any other city) could never profit enough in taxes to fund these social programs.
And instead of shrinking government or admitting to failed policies, they will continue to raise the cost of living to fund those who completely rely on big government.
It’s a classic Wash, Rinse, Repeat!
Ironically (or NOT) Wall Street knows this.
Which is why many of the major players have already begun their exodus from the Big Apple to mostly Florida.
We see no upside for New York at this point and would remind you that cities begin to fall into ruin when high-net-worth individuals flee, and the government no longer has access to pockets to dip into.
And speaking of “Oh, the Irony,” New York will be the poster child for the loss of the World Reserve Currency status as China and the BRICS continue to grow their economic and financial world dominance.
Read about it in our upcoming July Newsletter (HERE).
Share this with a friend…especially if they’re from New York and still want to “wake up in a city that never sleeps.” They’ll thank YOU later.
And tell them:
We’re Not Just About Finance
But we use finance to give you hope.
“And you shall know the truth, and the truth shall make you free.”
~John 8:32~
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