Think about it for a second, a worker residing in the Big Apple makes $200,000, but as you know NYC is faced with a dilemma, there is a hole in the budget to the tune of $5 billion, so Mayor Mamdani takes out the sword proposing a tax of 75% on income. Does anyone think there is buyers remorse? Oh, and BTW he is on the way to turning the Rotten Apple into Birmingham, England, where the population is 30% Muslim.

Mamdani, a 34-year-old neophyte politician and former rapper who made a name for himself in the New York Assembly touting Marxism, now wants to make the rich pay their fair share.

As of March 2026, New York City Mayor Zohran Mamdani has proposed a “tax-the-rich” plan to bridge a $5.4 billion budget deficit, featuring a 2-point income tax hike for earners over $1 million, increased corporate taxes, and a 90% reduction in the state estate tax exemption to $750,000. He also proposed significant property tax surcharges on high-value homes. Take that to the bank. Not!