All you have to do is to answer my question, TA.Let's look at this from another angle:
If you were filthy rich would you, right now, consider purchasing a high-end, luxury apartment, condo, penthouse, or other second home in NYC? How about New York state? If you were a developer / builder would you be considering building such luxury homes for sale in the near future there?
If you already owned such a home, would you be carefully considering options to avoid the new taxes?
Since New York and NYC base many of these taxes on estimated selling price, would you be hiring a law firm specializing in litigating property taxes and assessments if you weren't doing that already?
Additionally, will any of these taxes bring a ROI to the state or city of New York? Or will they simply be gobbled up in Socialist welfare handouts, and bureaucratic paperwork?
What will the government of NYC and NY state do if their projected net tax intake from these falls far short of projections? Will Mamdani and Hochel just lower the bar on what is included, say from $5 million to $1 million or something like that? Or will they just come up with another new thing to tax?
Neither Mamdani or Hochel are looking at any sort of investment or draw to attract new money to NY or NYC. Instead they are doing what Detroit, as but one example, did and slowly killing off their goose that lays golden eggs.
Here it is again:
Right now, the top 1% own one-third of the total wealth of America and the total 10% own two-thirds of the total wealth of America...with the bottom 50% owning only 2.5%. How much would the top 1% have to own before you consider that something has to be done to remediate the situation...and how much would the top 10% have to own before you consider that something has to be done to remediate the situation?
Would you still stick with your bullshit if the top 1% own 75% of the total wealth? How about if the top 1% owned 99%? Or what if the top 10% owned those percentages?
WHY WILL YOU NOT ANSWER THAT?



