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Zohran Mamdani Delivers Stunning Blow to 'Billionaire-Backed Status Quo' in NYC | Common Dreams (www.commondreams.org)

submitted 1 month ago by pete_link@lemmy.ml to c/usa@lemmy.ml

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Jake Johnson
Jun 25, 2025

"Affordability was a key focus of Mamdani's policy platform and messaging, with the Democratic state assemblymember calling for an immediate rent freeze for all of the city's rent-stabilized tenants, the creation of a network of city-owned grocery stores focused not on profits but on "keeping prices low," and free childcare.

Mamdani proposed funding those and other priorities with a higher tax rate on corporations and city residents earning more than $1 million per year—fueling the backlash his campaign faced from the ultra-wealthy."

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[–] pineapplelover@lemm.ee 1 points 1 month ago

I think that's great and all but say you're making over 1 million a year, you're obviously gonna dip out the city right? Which would give the city less funding for whatever it is they need.

Someone more educated than me feel free to chime in.