Socialist New York City mayoral candidate Zohran Mamdani on Sunday defended his proposal to raise property taxes on “richer and whiter neighborhoods” as part of a broader effort to shore up the city’s shrinking tax base — and insisted that billionaires should not exist, the New York Post reported.
Mamdani said his plan to hike property taxes on affluent, predominantly white areas is not about skin color; “that is just a description of what we see right now. It’s not driven by race. It’s more of an assessment of what neighborhoods are being undertaxed versus overtaxed,” Mamdani told NBC News’ “Meet the Press.”
He argued that New York’s eroding tax base — as residents flee to New Jersey, Pennsylvania, and Connecticut amid rising living costs — demands bold action.
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