Elite New Yorkers Shamefully Resist Second Home Tax
The idea of a “second-home tax” proposed by Zohran Mamdani in New York has certainly stirred up a hornet’s nest amongst the city’s elite, and frankly, their reactions are, as many see it, quite something. The sheer outcry, the pearl-clutching over what amounts to a minor imposition on their vast fortunes, is frankly, almost comical. When those who can easily afford to pay a tax express outrage, citing it as “shameful,” it’s a strong indicator that the tax is likely hitting the mark.
The core of the backlash seems to stem from a profound disconnect between the wealthy and the realities faced by the majority.… Continue reading
Matt Underwood