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-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.
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.