Avid Amoeba@lemmy.ca to News@lemmy.world · 23 hours agoMamdani Threatens 9.5% Property Tax Increase if Wealth Tax Is Not Passedwww.nytimes.comexternal-linkmessage-square75fedilinkarrow-up1554arrow-down13file-text
arrow-up1551arrow-down1external-linkMamdani Threatens 9.5% Property Tax Increase if Wealth Tax Is Not Passedwww.nytimes.comAvid Amoeba@lemmy.ca to News@lemmy.world · 23 hours agomessage-square75fedilinkfile-text
minus-squaremelsaskca@lemmy.calinkfedilinkarrow-up22arrow-down2·12 hours ago“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.
minus-squareBronzebeard@lemmy.ziplinkfedilinkarrow-up13arrow-down1·11 hours agoBoth of those hit the fat cats
minus-squarezjti8eit@lemmy.dbzer0.comlinkfedilinkarrow-up4arrow-down3·10 hours agoI mean property taxes and wealth taxes are essentially the same thing.
minus-squareManjushri@piefed.sociallinkfedilinkEnglisharrow-up5arrow-down1·10 hours agoOnly 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.
“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.
Both of those hit the fat cats
I mean property taxes and wealth taxes are essentially the same thing.
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.