Just when you’re about to see the GOP lose the House and Senate this November, Zohran Mamdani comes to the rescue.

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via Citizen Watch Report:

Mayor Zohran Kwame Mamdani
@NYCMayor
Today, I’m releasing the City’s preliminary budget. After years of fiscal mismanagement, we’re staring at a $5.4 billion budget gap — and two paths.

One: Albany can raise taxes on the ultra-wealthy and the most profitable corporations and address the fiscal imbalance between our city and state.

The other, a last resort: balance the budget on the backs of working people using the only tools at the City’s disposal.

The first path matches a structural crisis with a sustainable and fair solution. I know where I stand.

New Yorkers voted for bold change and competent leadership. We will deliver both, and we look forward to partnering with Albany to protect working New Yorkers.

The Persian Jewess
@persianjewess
I’m a Real Estate expert.

In NYC, commercial tenants are customarily responsible for any increases in property taxes.

This means small business owners, like the bodegas Mamdani claims to love so much, will foot the bill of higher property taxes.

And given how small their profit margins are, a 9.5% hike will be absolutely devastating.

This is what it looks like when you hire an inexperienced mayor who doesn’t understand how property taxes work.

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