Would Mamdani's 'millionaire tax' chase the rich out of New York City?

USA Today: Would Mamdani’s ‘Millionaire Tax’ Chase the Rich Out of New York City?

Taxing the rich has worked before. In the World War II era, the wealthiest Americans endured a top tax rate above 90% to buoy the economy. But would it work now?

Mamdani Vs. The Billionaires

One is a destroyer, the others builders that New York City needs.

Financial Powerhouses Unite to Counter Mamdani’s Mayoral Bid in NYC

In a bold move amid New York City’s heated mayoral race, a coalition of prominent financiers and business leaders has launched a new independent expenditure committee aimed at thwarting the campaign of Democratic nominee Zohran Mamdani. The group, dubbed “New Yorkers for a Better Future Mayor 25,” has amassed roughly $20 million in funding and filed its paperwork with the New York State Board of Elections earlier this week. Mamdani, who secured …

Would Mamdani's 'millionaire tax' chase the rich out of New York City?

Zohran Mamdani, a democratic socialist, is a leading candidate for mayor of New York. He wants to tax the rich. Business interests are panicking.

Mamdani's socialist views could split Democratic Party if elected NYC

NEWYou can now listen to Fox News articles! Socialist New York City mayoral candidate Zohran Mamdani has rocketed to frontrunner status in the race despite roughly half a dozen far-left positions that he has declined to walk back, which could prove problematic for the Democratic Party if he’s victorious. Mamdani has faced heated criticism for his support of socialist policies, perhaps most famously his 2021 remarks to a Young Democratic Socialis…