Confusing news from the Mamdani Caliphate… “Mamdani Presses for Tax Hike on New York’s Wealthiest as Budget Deficit Looms” (Wall Street Journal):
Mamdani also wants Albany lawmakers to increase the amount of state funding the city receives. Hochul has boosted state funding to the city since she took office, according to a spokeswoman for the governor.
The governor and the mayor said earlier this month the state would fund a rollout of free child care for 2-year-olds in the city—another major policy proposal of Mamdani’s campaign.
New York City is wealthier than the rest of New York State. Why would people who say that they’re against inequality want to see money funneled from the Rust Belt cities of Upstate to Manhattan? As a parent myself, I’m a huge supporter of any government program that forces the childless to work extra hours and gives the resulting money earned to Americans who are blessed with and can enjoy children. However, how is it fair for a parent of a 2-year-old in NYC to get free child care while the parent of a 2-year-old in Syracuse or Buffalo gets nothing?
If NYC wants to add services for its residents why wouldn’t NYC fund that with city taxes, e.g., on the Wall Street heroes, owners of skyscrapers, etc.?
(The median income in NYC, of course, isn’t high, but rich people in NYC are stratospherically rich.)