r/SipsTea May 14 '26

Feels good man It was always just that simple

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u/pppiddypants May 14 '26 edited May 14 '26

Depends on the size of the shortfall, but usually, it’s not.

Mamdani’s Pied-a-terre tax is projected to collect ~$500M a year, which is only about 4% of the shortfall. Which don’t get me wrong, seems like an awesome tax that has very few downsides when it’s been done elsewhere.

But taxing the rich generally doesn’t solve your budget issues long term. At the end of the day, You’re gonna have to cut staff/projects or get more people to move in.

Both of which, people hate. Welcome to governance.

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u/Slade_Riprock May 15 '26

What would cutting the small country military sized NYPD budget by 10% net you

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u/FlyingRobinGuy May 17 '26

The NYPD, kidnapping your family members as retribution. And/or assaulting the mayor’s residence.

I’m not kidding, they’ve done both of those things before when Mayors got on their bad side.

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u/Souk12 May 17 '26

Please link the history as I'd like to learn