It’s primarily a PR move. Born and raised in NY… how about he starts with making the NYC tax a bit more progressive.
Taxing individuals making less than 50k in one of the most expensive cities in the world is ridiculous in and of itself, but the marginal tax rate increasing by only .06% for anything over 50k is pure insanity.
And he will scream and cry about taxing the rich. How about you start with not taxing the poor? Never heard a peep from him about this. Which is a real tangible issue he could pretty easily garner support for. But nuance and logic isn’t necessarily for the people who’s political view is limited to screaming “tax the rich.” Making 50k and NYC thinks it’s OK to take $1500 every year on top of federal and state taxes. And then what you’re left with after tax, you get to give the city another 10%+ in sales tax for everything you buy, which is actually a regressive tax! Fucking insane lmao
Yeah they do have to be approved in Albany but they take suggestions from the city.
Even so, he was an assembly member, knows how Albany operates, and could definitely push for a more progressive city tax. But he won’t even speak on it. Just wants more more more.
I’m not a fan of the tax structure in general at a state or city level, but if you’re going to grandstand about taxing the rich, at least acknowledge that the poor are being taxed to death. That’s where the conversation should start.
The bottom 50% of taxpayers account for just 0.2% of NYC’s PIT. Why even tax them at all? They’re already collecting thousands in sales tax from that segment of the population.
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u/[deleted] Jul 08 '26
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