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ONLY IF he can’t get NY state and Hochul to agree to raise taxes on corporations and the ultra wealthy who are not paying their fair share. Context is key.
67 upvotes, 33 comments. Yik Yak image post by Anonymous in US Politics. "ONLY IF he can’t get NY state and Hochul to agree to raise taxes on corporations and the ultra wealthy who are not paying their fair share.

Context is key."
upvote 67 downvote

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Anonymous 3d

i mean. if we’re being totally honest here. raising PROPERTY tax in New York City basically exclusively applies to the wealthy

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Anonymous 3d

Property owners in NYC is just the wealthy lmao

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Anonymous replying to -> #1 3d

Yeah, so it’s his way of making them pay regardless LMAO

upvote 8 downvote
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Anonymous replying to -> #1 3d

And what happens to the people renting when landlords have increased cost? They raise prices to adjust for those increased costs, simple economics. And do you think everyone who owns in NYC is exclusively wealthy? This isn’t just single family homes in Park Slope or Brooklyn Heights, this impacts co-ops and condos which are still attainable in the outer boroughs. Not even mentioning the regular people who bought in the 80s/90s when the city was a mess and shit was cheap.

upvote -3 downvote
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Anonymous replying to -> #4 3d

You’re right. If landlord costs go up, those greedy fucks usually pass it right on to their tenants. … It’s not like Mamdani was elected on a promise to CONTROL RENT or anything

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Anonymous replying to -> #4 3d

Oh yeah dude. Won’t someone think of the poor boomers who have been holding onto a property for 40 years and could easily sell it for a massive profit

upvote 1 downvote
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Anonymous replying to -> just_peachy_ 3d

So you’re in favor of booting native New Yorkers from their homes of 40 years because *checks notes* they are old and can profit? Just for some wealthy (usually white) transplant to come in and fill that spot removing the neighborhoods character creating another gentrified Bushwick or Bed-Stuy?

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Anonymous replying to -> #1 3d

Increase in property tax plus a limit on what you can charge for rent that doesn’t cover costs equals even more neglected buildings than what is currently happening, either way renters lose too

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Anonymous replying to -> #4 3d

I’m sure fucking New York City property owners are just poor minimum wage workers struggling to get by. You sound ridiculous

upvote 23 downvote
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Anonymous replying to -> #4 3d

Renters are legally required to keep the buildings they rent in “livable condition.” If they don’t, they can be sued by - wait for it - THE CITY GOVERNMENT to force compliance! Isn’t local politics fun? I think it’s fun

upvote 10 downvote
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Anonymous replying to -> just_peachy_ 3d

So no rebuttal for pushing for an increase in gentrification and displacement of native New Yorkers, just ad hominem rebuttals, sounds about right

upvote -4 downvote
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Anonymous replying to -> #1 3d

Then if property owners start getting sued the same cycle currently repeats of rent stabilized and rent controlled apartments being kept off the market since it’s less legal liability and cheaper to keep them vacant, further shrinking supply, increasing prices. His rent freeze btw only applies to already rent stabilized apartments, not market rate. There’s already close to 50k rent stabilized apartments sitting vacant because of laws making it unprofitable to lease, that number will only go up

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Anonymous replying to -> #4 3d
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upvote 19 downvote
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Anonymous replying to -> #4 3d

native new yorkers aren’t the ones who own a bunch of houses there? native new yorkers are already being pushed out, and gentrification is already happening because of greedy landlords.

upvote 11 downvote
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Anonymous replying to -> #4 3d

force them to sell if they won’t rent them

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Anonymous replying to -> #5 3d

Literally what I was going to say, like if you truly care about native working class New Yorkers then you’d be for the increase of taxes on property owners. Native working class New Yorkers are already being pushed out

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Anonymous replying to -> just_peachy_ 3d

Think of the poor landlords that probably moved to the suburbs 30 years ago!

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Anonymous replying to -> #5 3d

It must be so hard sitting on a property you purchased 40 years ago for 1/20th its current price you don’t bother to upkeep while raising rent just bc you can

upvote 1 downvote
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Anonymous replying to -> just_peachy_ 3d

They’d likely pass this on to the renters, just like tariffs are passed on to consumers. He said this himself.

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Anonymous replying to -> #6 3d

“and stressed that this was not his first choice” It’s especially unhelpful that Eric Addams left Mamdani with a 25 BILLION dollar deficit, intentionally screwing over the person who would take office after him. He plunged NYC into an economic crisis out of pure ego

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Anonymous replying to -> just_peachy_ 3d

I know it’s not his first choice. That was stated in the OP. Everyone in this thread seems to be acting like this has no second order effects and is only harming the wealthy though. Wrt the deficit, I have zero clue how that happened and looked into it a bit last night. Apparently the budget always has to be balanced, but sometimes their projections are wayyyyy off or they move existing surplus in a way that Google AI (didn’t look much further ln tbh) implied is slightly shady

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Anonymous replying to -> #6 3d

If you want a bigger grasp of the budget deficit problem, Mamdani had a press conference where he broke it down in pretty easy to understand terms. I believe it’s called the “Addams Budget Crisis” or something like that

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Anonymous replying to -> just_peachy_ 3d

I’ve only skimmed some of that transcript. Does he end up saying or implying that it was intentional? Or just super negligent?

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Anonymous replying to -> #6 3d

At best Adams was arrogant and negligent, and at worst it was an intentional move to sink the career of his successor. He repeatedly brushed aside warning signs, budget reports, and made up numbers

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Anonymous replying to -> just_peachy_ 3d

No but but but you don’t understand!! All that money needed to go to police in subway stations so they could tase fare hoppers!! You love it when fare hoppers are tased right guys??

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Anonymous replying to -> shrimp_fried_rice 3d

Truth! We need to overspend on policing because some kid stole a toothbrush from a Walgreens >:(

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Anonymous replying to -> shrimp_fried_rice 3d

I saw a video of someone sliding under the new fare gates and was baffled. How tf did they not make that opening at the bottom smaller 😭

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Anonymous replying to -> #6 3d

Bruh NYC subway gates are fucking psychotic. Like is this really necessary?

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Anonymous replying to -> just_peachy_ 3d

They’re sliding under the bottom of these now 😭 someone fucking designed this like a public bathroom stall

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Anonymous replying to -> #6 3d

At this point idk why they even bother. Just have the subway fees be part of city taxes. Like yeah they’d be missing out a bit on tourist money, but it’s not like New Yorkers aren’t the vast majority of subway riders

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Anonymous replying to -> just_peachy_ 3d

I have a feeling a non-negligent part of the ridership could be people that commute from northern NJ or something. Idk why it’s so hard to just made gates with doors that are only like 2-3 inches off the ground or something

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Anonymous replying to -> #6 3d

Fuck them Jerseyites, they should pay for the one subway that goes from NYC to Jersey

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Anonymous replying to -> just_peachy_ 3d

Tax jerseyites who come into NYC at a 100% rate, idc. Fuckers leeching off of public services lmao

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