Republican Rave on Sidechat | I know YikYak is a liberal echo chamber that loves Mamdani, but here are the actual statistics: The top 1% of New Yorkers contributed 45% of the total taxes. Millionaires leaving has caused an 11 billion decrease in tax revenue.

Sidechat

Download

Join communities on Sidechat Download

Republican Rave 10w

I know YikYak is a liberal echo chamber that loves Mamdani, but here are the actual statistics: The top 1% of New Yorkers contributed 45% of the total taxes. Millionaires leaving has caused an 11 billion decrease in tax revenue.

Anonymous 10w

LOL I know the exact statistic you are referencing, that $11 billion was from 2003-2020, not once in Mamdanis mayoral period. You just can’t get over the fact that he’s the most successful politician in the US right now

Anonymous 10w

Care to cite those stats?

Anonymous 10w

So we’re supposed to adhere to everything that those with money want and do nothing about it due to fear of them leaving places where they’re not wanted. Gotcha.

Anonymous 9w

The $11 billion of losses was in 2022 long before Mamdani became mayor. And they weren’t actual losses. It was just that the percentage of millionaires in NY went from 13% to 9% between 2010 and 2022. Also, that was New York the state not city.

Anonymous 10w

The only properties that fell in value are high end luxury apartments. These are still unaffordable for most working class people. General housing has seen only increases in value, along with the general cost of living.

-3

Anonymous 10w

However, if Mamdani breaks the cycle of corruption, it’s possible the city may be more prosperous in the end.

-3

Anonymous 10w

He’s actively targeting minorities too, and recently Italians.

-5

Anonymous

OP 10w

All of these things are facts supported by actual tax reports. Raw numbers with no bias behind them. You can look it up yourself.

-3

Anonymous

OP 10w

New York mayors have been notoriously corrupt. It’s very likely that corruption costs the city more than 11 billion annually. It would be very cool if he manages to fix all of that.

-1

Anonymous

#1 10w

No. This is for the 2022 year alone. The issue is that we will very likely see a similar thing. In 2021 taxes were raised for people making over 1 million from 8.82% to 9.75% Many millionaires left for other states, which caused NY to miss out on 11 billion dollars in 2022. https://cbcny.org/research/hidden-cost-new-yorks-shrinking-millionaire-share

-6

Anonymous

OP 10w

And that is what happened when taxes were increased by just a bit over a percent. Mamdani is proposing an even more massive tax. So the actual amount lost would be likely much larger than 11 billion.

-6

Anonymous

OP 10w

and who was mayor of nyc at that time? this whole fear mongering happened right when mamdani was elected because trump can’t control him. yet when he got elected, nobody left like they said they were. it’s all the same boogeyman they control you with

Anonymous

#1 10w

I am not saying that the 11 billion lost is Mamdani’s fault. It’s a mistake the previous New York government made. But here is the actual lesson: Higher tax rate = people leaving Less people = less people to tax Less total tax = less social services This is the backfire that happened last time. If Mamdani follows through his proposition it will be a repetition of what happed in 2022.

-4

Anonymous

OP 10w

well all i’m seeing is an increase in social services everywhere in the city. you can fear monger all you want, doesn’t change the fact that he has improved new york for everyone

Anonymous

#2 10w

wow the mental gymnastics required to arrive at this

Anonymous

#1 10w

lmao maybe do your research of the immigrant enclaves put out by the city government earlier in the week.

-3

Anonymous

#2 10w

If this ain’t cherry picking idk what is. Y’all will use every little scrap of information that even slightly supports your side to justify to yourselves that those on the opposite side of the political spectrum as you are terrible, while ignoring the heaps of evidence showing that those in power from your side are often 100x worse. Specifically those in the White House rn

Anonymous

#4 10w

“Your side” I’m not any side lmao, I just do not like madani at all nor the things he’s doing. I also have done my research and looking at both sides and different articles of evidence.

Anonymous

#2 10w

the only people that hate mamdani are hardcore MAGA, because they have to be told what to think by daddy trump

-1

Anonymous

#1 10w

Lmao, I don’t like trump nor am I apart of MAGA… I didn’t say I hated him either.

Anonymous

#2 10w

Such a lie lol

Anonymous

#1 8w

“The only people who hate x must be the undesireables, therefore x is right”