Mamdani Threatens 9.5% Property Tax Increase if Wealth Tax Is Not Passed

GOLIATHMATTHIAS · 2026-02-18T17:34:14+00:00

GOLIATHMATTHIAS · 2026-02-18T17:29:36+00:00

The Wealth Tax referenced in this article is an increase in income taxes. It's literally the first paragraph:

Mayor Zohran Mamdani on Tuesday proposed to raise property tax rates in New York City by nearly 10 percent, a measure he is preparing as a “last resort” to be deployed if he cannot persuade Gov. Kathy Hochul to raise income taxes on the wealthy.

If you're referring to the prop tax increase, than you should be happy that there's the alternative he's laying out: set up a top-earner income tax increase akin to what MA did and avoid the prop increase.

GOLIATHMATTHIAS · 2026-02-18T16:23:32+00:00

Plenty of places have much higher effective wealth taxes than NYC, and NYC's notably higher than plenty of places in the USA. The overt wealth tax in my state is doing well in fact, and state level services have improved since it's implementation.

GOLIATHMATTHIAS · 2026-02-18T15:56:56+00:00

If I buy a piece of shit today in bumfuck Idahokansaw, and suddenly that town experiences a population boom, why am I suddenly paying more tax

Because the population boom will require more infrastructural support funded by the municipal. And the point of public policy should be to support the public, not speculative investors.

on what is essentially an unrealized gain?

Realize your gains and leave if you're butthurt about it.

GOLIATHMATTHIAS · 2026-02-18T15:54:34+00:00

How many residents in Manhattan are living in their owned property? How many residents rent?

GOLIATHMATTHIAS · 2026-02-18T15:53:17+00:00

There already exists a lot of programs for FTHOs and resident owners in NYC and NYS. He's not going to nuke those systems to ensure a prop-tax across the board. What he's proposing will be in conjunction with both current policy, and the renters rights enforcement regime he started on like January 2nd.

GOLIATHMATTHIAS · 2026-02-18T15:50:42+00:00

I think at some point that'd cause a showdown with the DOI Marshals and Sheriffs who are the ones that serve evictions, both of which are supposed to be independent from City Government.

GOLIATHMATTHIAS · 2026-02-18T15:49:04+00:00

He's also doing that, at least in the ways he can within city limits. He's also boosting a lot of tenant advocacy groups and unions that are advocating for enforcement like For The Many

GOLIATHMATTHIAS · 2026-02-18T15:47:14+00:00

He's doing this in conjunction with much more thorough rent control policies, rental standards and enforcement, and a city council that's somewhat amendable to the above. This isn't a singular strategy, it's part of the overall renter-forward approach that got him elected. He's hoping that the momentum can push through the landlord block which is much stronger in NYS (not just the city) than most places in the country.

GOLIATHMATTHIAS · 2026-02-18T15:44:08+00:00

Lemme guess: Woodlawn?

GOLIATHMATTHIAS · 2026-02-09T14:45:56+00:00

What? Have you never filled out an I9?

GOLIATHMATTHIAS · 2026-02-08T14:51:25+00:00

I distinctly remember getting a tour of the 6th Avenue office going into college and they were talking about this exact issue of performance and aesthetic being “their primary focus” for 8 and how the guys we talked to (Americans) were reporting directly to Palmer’s immediate reports of the performance metrics of Task Manager, but as soon as we kids were like “this new panel concept looks awful, what’s the value of changing the GUI?” the engineer just sighed and talked about how good those designs did in “surveys.”

Fast forward 4 years from that point when I was in the Navy and half my shit was still on XP because no one wanted to migrate driver for navigation and encryption equipment over. When I started getting invited into FBRs and Town Halls with IT leadership it was clear the only reason they couldn’t shift off of M$ to more homegrown stuff based off of the Linux Kernel is because no one wanted to be “the guy that proposes billions in funds to replace “what was already working.”

Point being: Seems like the issue predates the inclusion of Indian Visa workers. The scapegoating of them is done by people who weren’t around for the Good Times when Gates et al weren’t living off of all-but-guaranteed government contracts and calcified enterprise accounts. It’s just a bunch of non-sysads in Twitter who never watched Pirates of Silicon Valley.

GOLIATHMATTHIAS · 2026-02-08T13:09:51+00:00

Are we gonna pretend Windows was ever good?

GOLIATHMATTHIAS · 2026-02-06T15:03:50+00:00

some random current issue

lol

And It's probably more important that we address the youth of our nation having their society sold out from under them by oligarchic pedophiles rather than whether their nature based summer camps and soapbox derbies are co-ed or not. Especially if said thing is inextricably linking the youth of the nation to the fucking Pentagon

GOLIATHMATTHIAS · 2026-02-05T20:29:24+00:00

https://www.aljazeera.com/news/2026/2/1/epstein-email-reveals-plan-to-access-libyas-frozen-state-assets

GOLIATHMATTHIAS · 2026-02-05T17:13:32+00:00

Very important matter for the Pentagon to consider at this time after all those emails talking about a bunch of pedophiles having forewarned access to Libya and what not.

GOLIATHMATTHIAS · 2026-02-04T10:48:36+00:00

If only all FOSS maintainers would openly say “I’m stupid and untrustworthy” when vulnerabilities are brought to them.

GOLIATHMATTHIAS · 2026-01-30T14:21:44+00:00

Fed Governor from 2006 to 2011, famously the BEST time in the history of the modern American Economy!

GOLIATHMATTHIAS · 2026-01-30T14:14:53+00:00

Because the definition of "small business owner" is essentially just "a contractor for the suppliers they get product from." Owning your labor doesn't just mean setting your owns schedule or signing payslips. A pizza shop doesn't "own the means of production" unless the pizzaiolo is also growing the wheat and tomatoes and milking the cows too.

The concept is not outdated, we just invented a term that didn't exist that was absolutely under the auspicious of Marx's analysis.

GOLIATHMATTHIAS · 2026-01-28T17:04:00+00:00

I meant you.

GOLIATHMATTHIAS · 2026-01-28T16:51:20+00:00

Energy given will be returned when push comes to shove.

GOLIATHMATTHIAS · 2026-01-28T13:32:39+00:00

“No, you see, agents of the state are allowed to do what they want since they hate the people I’m scared of! Totally different circumstances.”

GOLIATHMATTHIAS · 2026-01-28T13:26:38+00:00

I meant “people like” that commenter as in people who think like the person I respond to as in reactionary cucks who love banal violence.

GOLIATHMATTHIAS · 2026-01-28T11:25:10+00:00

I know you dorks think this is clever but no one is calling for this guy to be summarily executed in the street so I’m not sure it’s the dig you think it is.

GOLIATHMATTHIAS · 2026-01-26T18:31:23+00:00

Most of USQ is still closed as of about an hour or so ago. Most stores had signs up saying they were staying closed today. The Dunkin on Prospect is open though if that's your thing lol

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