Now Zohran Mamdani Wants to Raise Property Taxes, Too

“There will be losers,” mayoral candidate warns

Also in today’s newsletter: the New York Times’ strange description of Fox News’ Laura Ingraham. And Robert Kraft helps break ground for a new Chabad building in Chestnut Hill, Massachusetts.

Zohran Mamdani speaking at a May 11, 2021, rally to boycott, divest, and sanction Israel.

The Democratic candidate for mayor of New York, socialist Zohran Mamdani, is already running for mayor on a promise to raise taxes by $10 billion a year, mainly by increasing the corporate tax rate and the personal income tax rate.

Now Mamdani is adding yet another tax increase pledge—this one on property taxes.

“The time has come for a change to our property tax system.” Mamdani said, complaining that the current system “is inequitable.”

“This will be a part of our Albany agenda and it will be a primary part,” Mamdani said, promising that after his changes, “there will be winners, there will be losers. There’s no question about it.”