\u201cNew Yorkers are already the most heavily taxed residents in the country, and the city\u2019s budget issues will not be solved by more taxes\u201d<\/p>\n
However, since communists who are not redistributing wealth (eventually under the barrel of a gun) are useless communists, it only took Mamdani administration 48 hours before pitching his latest idea how to take: according to Bloomberg,\u00a0New York lawmakers\u00a0are planning a new tax on New York City homes purchased in cash for at least $1 million.\u00a0\u00a0The lawmakers are also considering expanding the tax to all-cash purchases over $1 million in New York, including those in the suburbs and upstate.<\/strong><\/p>\n The New York City levy alone is expected to raise $160 million to help fill the city\u2019s budget hole. The proposed tax would be levied at 1% of the purchase price and would be paid by the buyer, according to the people.<\/p>\n https:\/\/www.zerohedge.com\/markets\/communist-mamdanis-latest-idea-tax-all-new-york-homes-over-1-million-bought-cash<\/a><\/p>\n https:\/\/www.zerohedge.com\/political\/crestfallen-commie-mamdani-withdraws-planned-property-tax-hike-new-yorkers<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" \u201cNew Yorkers are already the most heavily taxed residents in the country, and the city\u2019s budget issues will not be solved by more taxes\u201d However, since communists who are not redistributing wealth (eventually under the barrel of a gun) are … Continue reading AND<\/h3>\n
Crestfallen Commie Mamdani Abandons Planned Property Tax Hike On New Yorkers<\/h4>\n