Collins: Bezos said that you could double his taxes and it's not going to help that teacher in Queens.
Mamdani: I know a few teachers in Queens who would beg to differ. And I think that if I was worth as much money as he was, then I would probably say the same thing.
The fact of the matter is that we are talking about a city where 1 in 4 New Yorkers are living in poverty, and we're hearing from one of the richest men that our world has ever seen about how he and others who make that kind of money shouldn't have to pay their fair share.
And frankly, what New Yorkers want to see is a tax system that recognizes the scale of this affordability crisis and actually provides a way for city government to be able to invest in those same New Yorkers in the manner that we used to decades ago.
Posted by Frosty_Jeweler911
5 Comments
There are so many of these pricks that they each have their own version of “Let them eat cake” and none of them seem to recall how that ended.
The people who are paying so little in taxes that they can say doubling what they take isn’t going to help. Well, maybe if you paid a fair share in the first place and then we doubled it that would do a lot of good.
One of the things about New York City is that our city government cannot set city tax rates. This is why our mayor has not been able to simply pass a tax to tax rich people more, but has had to do a lot of negotiating. So far, the negotiations have gone well. It doesn’t go far enough, but we have a governor up for reelection that doesn’t want to budge on taxing rich people more. And she was being primaried by her own lieutenant governor, but he dropped out. After Mamdani’s endorsement of the current governor.
But that is the big obstacle here. A lot of cities can set their own municipal tax rates, but New York City cannot do that because of something that happened decades ago, where it was changed so that the state had control over New York City’s tax rates.
I’m just adding this context for people who don’t live here.
Much like Amazon, Zohran keeps delivering
It’s crazy that literally in my parents lifetime the marginal tax rate went from 88% all the way down to the mid 30s it is today. It’s fucking nuts that these billionaire fucks pretend like it’s the way shit always has been when this all started a mere 10 years before I was born. Fuck Reagan and Fuck Bezos and the rest.
It’s incredible to see the basic racism with attacks on him when he has such wins like the deficit.