▲ 805 ▼ Mamdani Threatens 9.5% Property Tax Increase if Wealth Tax Is Not Passed (www.nytimes.com) submitted 5 months ago by avidamoeba@lemmy.ca to c/news@lemmy.world 237 comments fedilink hide all child comments cross-posted from: https://sh.itjust.works/post/55502152
[–] melsaskca@lemmy.ca 33 points 5 months ago (2 children) "We are either going to get the money from the fat cats or from you. Your choice.". I'm waiting on pins and needles to see where the money comes from. permalink fedilink source hideshow 4 child comments replies: [–] Bronzebeard@lemmy.zip 18 points 5 months ago Both of those hit the fat cats permalink fedilink source parent [–] zjti8eit@lemmy.dbzer0.com 7 points 5 months ago (2 children) I mean property taxes and wealth taxes are essentially the same thing. permalink fedilink source parent hideshow 4 child comments replies: [–] Manjushri@piefed.social 11 points 5 months ago (1 child) Only if the wealthy have their money invested in real estate, right? If they're invested in stocks and hedge funds and such, then a property tax increase isn't going to cost them as much as a straight up wealth tax. permalink fedilink source parent hideshow 2 child comments replies: [–] MrsVeggies@lemmy.blahaj.zone 9 points 5 months ago (1 child) Someone owns the property where the factories are built. permalink fedilink source parent hideshow 2 child comments replies: [–] WalrusDragonOnABike@reddthat.com 5 points 5 months ago in NYC? permalink fedilink source parent [–] rushmonke@ttrpg.network 3 points 5 months ago Except they're not. permalink fedilink source parent
[–] Bronzebeard@lemmy.zip 18 points 5 months ago Both of those hit the fat cats permalink fedilink source parent
[–] zjti8eit@lemmy.dbzer0.com 7 points 5 months ago (2 children) I mean property taxes and wealth taxes are essentially the same thing. permalink fedilink source parent hideshow 4 child comments replies: [–] Manjushri@piefed.social 11 points 5 months ago (1 child) Only if the wealthy have their money invested in real estate, right? If they're invested in stocks and hedge funds and such, then a property tax increase isn't going to cost them as much as a straight up wealth tax. permalink fedilink source parent hideshow 2 child comments replies: [–] MrsVeggies@lemmy.blahaj.zone 9 points 5 months ago (1 child) Someone owns the property where the factories are built. permalink fedilink source parent hideshow 2 child comments replies: [–] WalrusDragonOnABike@reddthat.com 5 points 5 months ago in NYC? permalink fedilink source parent [–] rushmonke@ttrpg.network 3 points 5 months ago Except they're not. permalink fedilink source parent
[–] Manjushri@piefed.social 11 points 5 months ago (1 child) Only if the wealthy have their money invested in real estate, right? If they're invested in stocks and hedge funds and such, then a property tax increase isn't going to cost them as much as a straight up wealth tax. permalink fedilink source parent hideshow 2 child comments replies: [–] MrsVeggies@lemmy.blahaj.zone 9 points 5 months ago (1 child) Someone owns the property where the factories are built. permalink fedilink source parent hideshow 2 child comments replies: [–] WalrusDragonOnABike@reddthat.com 5 points 5 months ago in NYC? permalink fedilink source parent
[–] MrsVeggies@lemmy.blahaj.zone 9 points 5 months ago (1 child) Someone owns the property where the factories are built. permalink fedilink source parent hideshow 2 child comments replies: [–] WalrusDragonOnABike@reddthat.com 5 points 5 months ago in NYC? permalink fedilink source parent
[–] rushmonke@ttrpg.network 3 points 5 months ago Except they're not. permalink fedilink source parent