Mayor Elect Zohran Mamdani and NYC

Lerxst1992

Halifax2TheMax said:

Lerxst1992 said:

Halifax2TheMax said:

* The following opinion is mine and mine alone and does not represent the views of my family, friends, government and/or my past, present or future employer. US Department of State: 1-888-407-4747.

OMG! Somebody check on Montgomery County, MD! It’s been two plus years and decades and I think it looks like 1975 Ford administration fall down go boom NYC years, a devastated wasteland where elected government seized the means of production! Damn socialists ruin everything! It can’t be done! Only capitalism and free markets can save us! People need to get better educated! Oh no!

I know, just another media anecdote with no facts, links or proof of it working in the real world. Can’t possibly be accomplished.


https://www.nytimes.com/2023/08/25/business/affordable-housing-montgomery-county.html

Thanks for being a pal and providing a link proving my analysis is correct. Dems claim to want affordable housing as long as it’s nimby. Hence the comment you mocked about red hook $8000 rent tenants voting in socialism, instead of understanding what the point was.

” Montgomery County still has a housing shortage and suffers from the same not-in-my-backyard politics that have exacerbated it. And some of the housing, like the Laureate, serves middle-class tenants, not someone earning, say, the minimum wage.”

And it’s not funded anything like what the ny socialist king wants. This actually sounds somewhat like capitalism…

” When a developer builds a project, it typically teams up with a private equity firm that puts up about a third of the cost. (The rest comes from a bank loan.) They want a return, however, and the money isn’t cheap. The going annual rate in private equity is in the mid- to high teens, Mr. Quinn said. A $50 million investment, for example, is expected to return about $90 million after four years — money that is made up for with rent.”

“So in 2021, the Montgomery County Council voted to create the $100 million Housing Production Fund. The fund allows H.O.C. to replace private equity as developers’ main source of investment, and charge a 5 percent return. The discount saves the developer tens of millions of dollars off the project’s effective cost.”

All from your article…thanks…lol. You even read the entire thing?

 * The following opinion is mine and mine alone and does not represent the views of my family, friends, government and/or my past, present or future employer. US Department of State: 1-888-407-4747.

Fuck the people in those 2,000 units, eh? 4M unit shortfall nationwide, NYC included, and nothing can be done. Yes, I did read the whole thing. You left out that private equity wants a 15% return, increasing the costs, the rent, or the payback, discouraging below market rent units. That’s why the county/city steps in as they get a 5% return and own an asset. But yea, keep shilling for corporations. Dem my ass, more like a corporate elitist will the defenses of corporate greed.

You also seem to have missed the part where every neighborhood in Montgomery County, inclusive of the “rich” neighborhoods, like Rockville, Chevy Chase, etc, have received a project such as this. So much for your NIMBY argument and “seizing the means of production”. Re-read the whole article in context. Connect the dots. Or did AI break that ability?

Did you read the whole article, LOL?

The nimby argument is a direct quote for your article and your 15% is a made up fact not within the article. Nice  goalpost move.

Lerxst1992

Halifax2TheMax said:

Lerxst1992 said:

Halifax2TheMax said:

* The following opinion is mine and mine alone and does not represent the views of my family, friends, government and/or my past, present or future employer. US Department of State: 1-888-407-4747.

OMG! Somebody check on Montgomery County, MD! It’s been two plus years and decades and I think it looks like 1975 Ford administration fall down go boom NYC years, a devastated wasteland where elected government seized the means of production! Damn socialists ruin everything! It can’t be done! Only capitalism and free markets can save us! People need to get better educated! Oh no!

I know, just another media anecdote with no facts, links or proof of it working in the real world. Can’t possibly be accomplished.


https://www.nytimes.com/2023/08/25/business/affordable-housing-montgomery-county.html

Thanks for being a pal and providing a link proving my analysis is correct. Dems claim to want affordable housing as long as it’s nimby. Hence the comment you mocked about red hook $8000 rent tenants voting in socialism, instead of understanding what the point was.

” Montgomery County still has a housing shortage and suffers from the same not-in-my-backyard politics that have exacerbated it. And some of the housing, like the Laureate, serves middle-class tenants, not someone earning, say, the minimum wage.”

And it’s not funded anything like what the ny socialist king wants. This actually sounds somewhat like capitalism…

” When a developer builds a project, it typically teams up with a private equity firm that puts up about a third of the cost. (The rest comes from a bank loan.) They want a return, however, and the money isn’t cheap. The going annual rate in private equity is in the mid- to high teens, Mr. Quinn said. A $50 million investment, for example, is expected to return about $90 million after four years — money that is made up for with rent.”

“So in 2021, the Montgomery County Council voted to create the $100 million Housing Production Fund. The fund allows H.O.C. to replace private equity as developers’ main source of investment, and charge a 5 percent return. The discount saves the developer tens of millions of dollars off the project’s effective cost.”

All from your article…thanks…lol. You even read the entire thing?

 * The following opinion is mine and mine alone and does not represent the views of my family, friends, government and/or my past, present or future employer. US Department of State: 1-888-407-4747.

Fuck the people in those 2,000 units, eh? 4M unit shortfall nationwide, NYC included, and nothing can be done. Yes, I did read the whole thing. You left out that private equity wants a 15% return, increasing the costs, the rent, or the payback, discouraging below market rent units. That’s why the county/city steps in as they get a 5% return and own an asset. But yea, keep shilling for corporations. Dem my ass, more like a corporate elitist will the defenses of corporate greed.

You also seem to have missed the part where every neighborhood in Montgomery County, inclusive of the “rich” neighborhoods, like Rockville, Chevy Chase, etc, have received a project such as this. So much for your NIMBY argument and “seizing the means of production”. Re-read the whole article in context. Connect the dots. Or did AI break that ability?

Did you read the whole article, LOL?

The nimby argument is a direct quote for your article and your 15% is a made up fact not within the article. Nice  goalpost move.

Halifax2TheMax

Lerxst1992 said:

Halifax2TheMax said:

Lerxst1992 said:

Halifax2TheMax said:

* The following opinion is mine and mine alone and does not represent the views of my family, friends, government and/or my past, present or future employer. US Department of State: 1-888-407-4747.

OMG! Somebody check on Montgomery County, MD! It’s been two plus years and decades and I think it looks like 1975 Ford administration fall down go boom NYC years, a devastated wasteland where elected government seized the means of production! Damn socialists ruin everything! It can’t be done! Only capitalism and free markets can save us! People need to get better educated! Oh no!

I know, just another media anecdote with no facts, links or proof of it working in the real world. Can’t possibly be accomplished.


https://www.nytimes.com/2023/08/25/business/affordable-housing-montgomery-county.html

Thanks for being a pal and providing a link proving my analysis is correct. Dems claim to want affordable housing as long as it’s nimby. Hence the comment you mocked about red hook $8000 rent tenants voting in socialism, instead of understanding what the point was.

” Montgomery County still has a housing shortage and suffers from the same not-in-my-backyard politics that have exacerbated it. And some of the housing, like the Laureate, serves middle-class tenants, not someone earning, say, the minimum wage.”

And it’s not funded anything like what the ny socialist king wants. This actually sounds somewhat like capitalism…

” When a developer builds a project, it typically teams up with a private equity firm that puts up about a third of the cost. (The rest comes from a bank loan.) They want a return, however, and the money isn’t cheap. The going annual rate in private equity is in the mid- to high teens, Mr. Quinn said. A $50 million investment, for example, is expected to return about $90 million after four years — money that is made up for with rent.”

“So in 2021, the Montgomery County Council voted to create the $100 million Housing Production Fund. The fund allows H.O.C. to replace private equity as developers’ main source of investment, and charge a 5 percent return. The discount saves the developer tens of millions of dollars off the project’s effective cost.”

All from your article…thanks…lol. You even read the entire thing?

 * The following opinion is mine and mine alone and does not represent the views of my family, friends, government and/or my past, present or future employer. US Department of State: 1-888-407-4747.

Fuck the people in those 2,000 units, eh? 4M unit shortfall nationwide, NYC included, and nothing can be done. Yes, I did read the whole thing. You left out that private equity wants a 15% return, increasing the costs, the rent, or the payback, discouraging below market rent units. That’s why the county/city steps in as they get a 5% return and own an asset. But yea, keep shilling for corporations. Dem my ass, more like a corporate elitist will the defenses of corporate greed.

You also seem to have missed the part where every neighborhood in Montgomery County, inclusive of the “rich” neighborhoods, like Rockville, Chevy Chase, etc, have received a project such as this. So much for your NIMBY argument and “seizing the means of production”. Re-read the whole article in context. Connect the dots. Or did AI break that ability?

Did you read the whole article, LOL?

The nimby argument is a direct quote for your article and your 15% is a made up fact not within the article. Nice  goalpost move.

* The following opinion is mine and mine alone and does not represent the views of my family, friends, government and/or my past, present or future employer. US Department of State: 1-888-407-4747.

What does “mid to high teens” mean to your AI brain? Are your eyes brown? Yes or no question. The NIMBY argument is there and exists but despite it, housing was built. Comprehend much?

You’re like the colleagues I used to work with that had been in the organization for 30 years and never worked anywhere else and never left their town, and their response to every management initiative or new idea by a new hire was, “it’ll never work!” Enjoy 1975.

from the article, sure you read the whole thing, you connected the dots and you understood it in context. Sure you did.

Montgomery County is trying to address this with a bit of creative finance that, in effect, lowers the cost of development. Here’s how it works: When a developer builds a project, it typically teams up with a private equity firm that puts up about a third of the cost. (The rest comes from a bank loan.) They want a return, however, and the money isn’t cheap. The going annual rate in private equity is in the mid- to high teens, Mr. Quinn said. A $50 million investment, for example, is expected to return about $90 million after four years — money that is made up for with rent.

So in 2021, the Montgomery County Council voted to create the $100 million Housing Production Fund. The fund allows H.O.C. to replace private equity as developers’ main source of investment, and charge a 5 percent return. The discount saves the developer tens of millions of dollars off the project’s effective cost.

Lerxst1992

The 15% return had nothing to do with that project, but rather what some dude wants generally from his investments. I’d bet he advises folks to forgo some expensive subscriptions and designer coffee for a few years and invest with firms like that, and learn about the power of compounding. Either I have an advanced ai brain or I’m stuck living in 1975. Not sure which is better. 

As I cited, the article refers to the nimby phenomenon , which is big in liberal communities, and discusses leveraging private equity to help bring down rents, in a different manner than what the socialist king wants to do, which was my point, and remains correct.

Halifax2TheMax

Lerxst1992 said:

The 15% return had nothing to do with that project, but rather what some dude wants generally from his investments. I’d bet he advises folks to forgo some expensive subscriptions and designer coffee for a few years and invest with firms like that, and learn about the power of compounding. Either I have an advanced ai brain or I’m stuck living in 1975. Not sure which is better. 

As I cited, the article refers to the nimby phenomenon , which is big in liberal communities, and discusses leveraging private equity to help bring down rents, in a different manner than what the socialist king wants to do, which was my point, and remains correct.

 * The following opinion is mine and mine alone and does not represent the views of my family, friends, government and/or my past, present or future employer. US Department of State: 1-888-407-4747.

Your inability to comprehend is astounding. “Socialist king”. Bahahahahahahaha!

Care to link to The Bus Driver’s plan that you claim all of “seize the means of production” comes from?

static111

Lerxst1992 said:

The 15% return had nothing to do with that project, but rather what some dude wants generally from his investments. I’d bet he advises folks to forgo some expensive subscriptions and designer coffee for a few years and invest with firms like that, and learn about the power of compounding. Either I have an advanced ai brain or I’m stuck living in 1975. Not sure which is better. 

As I cited, the article refers to the nimby phenomenon , which is big in liberal communities, and discusses leveraging private equity to help bring down rents, in a different manner than what the socialist king wants to do, which was my point, and remains correct.

Dude I mean no offense but I think you are stuck in 1975.

Lerxst1992

static111 said:

Lerxst1992 said:

The 15% return had nothing to do with that project, but rather what some dude wants generally from his investments. I’d bet he advises folks to forgo some expensive subscriptions and designer coffee for a few years and invest with firms like that, and learn about the power of compounding. Either I have an advanced ai brain or I’m stuck living in 1975. Not sure which is better. 

As I cited, the article refers to the nimby phenomenon , which is big in liberal communities, and discusses leveraging private equity to help bring down rents, in a different manner than what the socialist king wants to do, which was my point, and remains correct.

Dude I mean no offense but I think you are stuck in 1975.

By choosing a system that has freed and fed more people than any other system on earth by generating wealth? And opposing a socialist mayor targeting wealth? Be real.

Lerxst1992

Halifax2TheMax said:

Lerxst1992 said:

The 15% return had nothing to do with that project, but rather what some dude wants generally from his investments. I’d bet he advises folks to forgo some expensive subscriptions and designer coffee for a few years and invest with firms like that, and learn about the power of compounding. Either I have an advanced ai brain or I’m stuck living in 1975. Not sure which is better. 

As I cited, the article refers to the nimby phenomenon , which is big in liberal communities, and discusses leveraging private equity to help bring down rents, in a different manner than what the socialist king wants to do, which was my point, and remains correct.

 * The following opinion is mine and mine alone and does not represent the views of my family, friends, government and/or my past, present or future employer. US Department of State: 1-888-407-4747.

Your inability to comprehend is astounding. “Socialist king”. Bahahahahahahaha!

Care to link to The Bus Driver’s plan that you claim all of “seize the means of production” comes from?

When you shift to personal attacks you are admitting defeat. As your own article proved your points false.

Halifax2TheMax

Lerxst1992 said:

static111 said:

Lerxst1992 said:

The 15% return had nothing to do with that project, but rather what some dude wants generally from his investments. I’d bet he advises folks to forgo some expensive subscriptions and designer coffee for a few years and invest with firms like that, and learn about the power of compounding. Either I have an advanced ai brain or I’m stuck living in 1975. Not sure which is better. 

As I cited, the article refers to the nimby phenomenon , which is big in liberal communities, and discusses leveraging private equity to help bring down rents, in a different manner than what the socialist king wants to do, which was my point, and remains correct.

Dude I mean no offense but I think you are stuck in 1975.

By choosing a system that has freed and fed more people than any other system on earth by generating wealth? And opposing a socialist mayor targeting wealth? Be real.

 * The following opinion is mine and mine alone and does not represent the views of my family, friends, government and/or my past, present or future employer. US Department of State: 1-888-407-4747.

Spoken like a true corporate elitist. From Letter From An American but you knew this, eh?

Yesterday Arian Campo-Flores of the Wall Street Journal reported that the net worth of the top 0.1% of households in the U.S. reached $23.3 trillion this year, while the bottom 50% hold $4.2 trillion. 

Lerxst1992

Halifax2TheMax said:

Lerxst1992 said:

static111 said:

Lerxst1992 said:

The 15% return had nothing to do with that project, but rather what some dude wants generally from his investments. I’d bet he advises folks to forgo some expensive subscriptions and designer coffee for a few years and invest with firms like that, and learn about the power of compounding. Either I have an advanced ai brain or I’m stuck living in 1975. Not sure which is better. 

As I cited, the article refers to the nimby phenomenon , which is big in liberal communities, and discusses leveraging private equity to help bring down rents, in a different manner than what the socialist king wants to do, which was my point, and remains correct.

Dude I mean no offense but I think you are stuck in 1975.

By choosing a system that has freed and fed more people than any other system on earth by generating wealth? And opposing a socialist mayor targeting wealth? Be real.

 * The following opinion is mine and mine alone and does not represent the views of my family, friends, government and/or my past, present or future employer. US Department of State: 1-888-407-4747.

Spoken like a true corporate elitist. From Letter From An American but you knew this, eh?

Yesterday Arian Campo-Flores of the Wall Street Journal reported that the net worth of the top 0.1% of households in the U.S. reached $23.3 trillion this year, while the bottom 50% hold $4.2 trillion. 

Exactly my point on the ZM tax. When too few are targeted, it becomes a large and easy to avoid tax. I’m gonna bet the typical billionaire would consider a million bucks or more worth considering whether they want to pay it. Again, it’s up to them, not us.

you can take all the wealth, fund the govt for a few years, then it would all be gone and we’d have no more wealth. Which is responsible for capitalism feeding and freeing more people than any other system ever.

 

static111

Lerxst1992 said:

Halifax2TheMax said:

Lerxst1992 said:

static111 said:

Lerxst1992 said:

The 15% return had nothing to do with that project, but rather what some dude wants generally from his investments. I’d bet he advises folks to forgo some expensive subscriptions and designer coffee for a few years and invest with firms like that, and learn about the power of compounding. Either I have an advanced ai brain or I’m stuck living in 1975. Not sure which is better. 

As I cited, the article refers to the nimby phenomenon , which is big in liberal communities, and discusses leveraging private equity to help bring down rents, in a different manner than what the socialist king wants to do, which was my point, and remains correct.

Dude I mean no offense but I think you are stuck in 1975.

By choosing a system that has freed and fed more people than any other system on earth by generating wealth? And opposing a socialist mayor targeting wealth? Be real.

 * The following opinion is mine and mine alone and does not represent the views of my family, friends, government and/or my past, present or future employer. US Department of State: 1-888-407-4747.

Spoken like a true corporate elitist. From Letter From An American but you knew this, eh?

Yesterday Arian Campo-Flores of the Wall Street Journal reported that the net worth of the top 0.1% of households in the U.S. reached $23.3 trillion this year, while the bottom 50% hold $4.2 trillion. 

Exactly my point on the ZM tax. When too few are targeted, it becomes a large and easy to avoid tax. I’m gonna bet the typical billionaire would consider a million bucks or more worth considering whether they want to pay it. Again, it’s up to them, not us.

you can take all the wealth, fund the govt for a few years, then it would all be gone and we’d have no more wealth. Which is responsible for capitalism feeding and freeing more people than any other system ever.

 

Let me guess you are a fan of Milton Friedman?

Lerxst1992

static111 said:

Lerxst1992 said:

Halifax2TheMax said:

Lerxst1992 said:

static111 said:

Lerxst1992 said:

The 15% return had nothing to do with that project, but rather what some dude wants generally from his investments. I’d bet he advises folks to forgo some expensive subscriptions and designer coffee for a few years and invest with firms like that, and learn about the power of compounding. Either I have an advanced ai brain or I’m stuck living in 1975. Not sure which is better. 

As I cited, the article refers to the nimby phenomenon , which is big in liberal communities, and discusses leveraging private equity to help bring down rents, in a different manner than what the socialist king wants to do, which was my point, and remains correct.

Dude I mean no offense but I think you are stuck in 1975.

By choosing a system that has freed and fed more people than any other system on earth by generating wealth? And opposing a socialist mayor targeting wealth? Be real.

 * The following opinion is mine and mine alone and does not represent the views of my family, friends, government and/or my past, present or future employer. US Department of State: 1-888-407-4747.

Spoken like a true corporate elitist. From Letter From An American but you knew this, eh?

Yesterday Arian Campo-Flores of the Wall Street Journal reported that the net worth of the top 0.1% of households in the U.S. reached $23.3 trillion this year, while the bottom 50% hold $4.2 trillion. 

Exactly my point on the ZM tax. When too few are targeted, it becomes a large and easy to avoid tax. I’m gonna bet the typical billionaire would consider a million bucks or more worth considering whether they want to pay it. Again, it’s up to them, not us.

you can take all the wealth, fund the govt for a few years, then it would all be gone and we’d have no more wealth. Which is responsible for capitalism feeding and freeing more people than any other system ever.

 

Let me guess you are a fan of Milton Friedman?

Who cares. I’m a fan of helping those in need, but not at the expense of blaming and cutting down wealth.  On a federal level it makes sense to have a higher rate, on the local level, targeting wealth when the wealth tax rates here are already the highest in the nation, is dumb policy. My cats can figure out how to avoid that tax if it’s what they want to do. 

Lerxst1992

And yes, my cats are ugly rich.

static111

Lerxst1992 said:

static111 said:

Lerxst1992 said:

Halifax2TheMax said:

Lerxst1992 said:

static111 said:

Lerxst1992 said:

The 15% return had nothing to do with that project, but rather what some dude wants generally from his investments. I’d bet he advises folks to forgo some expensive subscriptions and designer coffee for a few years and invest with firms like that, and learn about the power of compounding. Either I have an advanced ai brain or I’m stuck living in 1975. Not sure which is better. 

As I cited, the article refers to the nimby phenomenon , which is big in liberal communities, and discusses leveraging private equity to help bring down rents, in a different manner than what the socialist king wants to do, which was my point, and remains correct.

Dude I mean no offense but I think you are stuck in 1975.

By choosing a system that has freed and fed more people than any other system on earth by generating wealth? And opposing a socialist mayor targeting wealth? Be real.

 * The following opinion is mine and mine alone and does not represent the views of my family, friends, government and/or my past, present or future employer. US Department of State: 1-888-407-4747.

Spoken like a true corporate elitist. From Letter From An American but you knew this, eh?

Yesterday Arian Campo-Flores of the Wall Street Journal reported that the net worth of the top 0.1% of households in the U.S. reached $23.3 trillion this year, while the bottom 50% hold $4.2 trillion. 

Exactly my point on the ZM tax. When too few are targeted, it becomes a large and easy to avoid tax. I’m gonna bet the typical billionaire would consider a million bucks or more worth considering whether they want to pay it. Again, it’s up to them, not us.

you can take all the wealth, fund the govt for a few years, then it would all be gone and we’d have no more wealth. Which is responsible for capitalism feeding and freeing more people than any other system ever.

 

Let me guess you are a fan of Milton Friedman?

Who cares. I’m a fan of helping those in need, but not at the expense of blaming and cutting down wealth.  On a federal level it makes sense to have a higher rate, on the local level, targeting wealth when the wealth tax rates here are already the highest in the nation, is dumb policy. My cats can figure out how to avoid that tax if it’s what they want to do. 

because im wondering where the myths that you believe are fact come from

Lerxst1992

static111 said:

Lerxst1992 said:

static111 said:

Lerxst1992 said:

Halifax2TheMax said:

Lerxst1992 said:

static111 said:

Lerxst1992 said:

The 15% return had nothing to do with that project, but rather what some dude wants generally from his investments. I’d bet he advises folks to forgo some expensive subscriptions and designer coffee for a few years and invest with firms like that, and learn about the power of compounding. Either I have an advanced ai brain or I’m stuck living in 1975. Not sure which is better. 

As I cited, the article refers to the nimby phenomenon , which is big in liberal communities, and discusses leveraging private equity to help bring down rents, in a different manner than what the socialist king wants to do, which was my point, and remains correct.

Dude I mean no offense but I think you are stuck in 1975.

By choosing a system that has freed and fed more people than any other system on earth by generating wealth? And opposing a socialist mayor targeting wealth? Be real.

 * The following opinion is mine and mine alone and does not represent the views of my family, friends, government and/or my past, present or future employer. US Department of State: 1-888-407-4747.

Spoken like a true corporate elitist. From Letter From An American but you knew this, eh?

Yesterday Arian Campo-Flores of the Wall Street Journal reported that the net worth of the top 0.1% of households in the U.S. reached $23.3 trillion this year, while the bottom 50% hold $4.2 trillion. 

Exactly my point on the ZM tax. When too few are targeted, it becomes a large and easy to avoid tax. I’m gonna bet the typical billionaire would consider a million bucks or more worth considering whether they want to pay it. Again, it’s up to them, not us.

you can take all the wealth, fund the govt for a few years, then it would all be gone and we’d have no more wealth. Which is responsible for capitalism feeding and freeing more people than any other system ever.

 

Let me guess you are a fan of Milton Friedman?

Who cares. I’m a fan of helping those in need, but not at the expense of blaming and cutting down wealth.  On a federal level it makes sense to have a higher rate, on the local level, targeting wealth when the wealth tax rates here are already the highest in the nation, is dumb policy. My cats can figure out how to avoid that tax if it’s what they want to do. 

because im wondering where the myths that you believe are fact come from

Like the earned income credit or UBI that Milton favored?  The facts come from an article a member here posted and is running away as fast as possible from facts in that article.

Halifax2TheMax

Lerxst1992 said:

static111 said:

Lerxst1992 said:

static111 said:

Lerxst1992 said:

Halifax2TheMax said:

Lerxst1992 said:

static111 said:

Lerxst1992 said:

The 15% return had nothing to do with that project, but rather what some dude wants generally from his investments. I’d bet he advises folks to forgo some expensive subscriptions and designer coffee for a few years and invest with firms like that, and learn about the power of compounding. Either I have an advanced ai brain or I’m stuck living in 1975. Not sure which is better. 

As I cited, the article refers to the nimby phenomenon , which is big in liberal communities, and discusses leveraging private equity to help bring down rents, in a different manner than what the socialist king wants to do, which was my point, and remains correct.

Dude I mean no offense but I think you are stuck in 1975.

By choosing a system that has freed and fed more people than any other system on earth by generating wealth? And opposing a socialist mayor targeting wealth? Be real.

 * The following opinion is mine and mine alone and does not represent the views of my family, friends, government and/or my past, present or future employer. US Department of State: 1-888-407-4747.

Spoken like a true corporate elitist. From Letter From An American but you knew this, eh?

Yesterday Arian Campo-Flores of the Wall Street Journal reported that the net worth of the top 0.1% of households in the U.S. reached $23.3 trillion this year, while the bottom 50% hold $4.2 trillion. 

Exactly my point on the ZM tax. When too few are targeted, it becomes a large and easy to avoid tax. I’m gonna bet the typical billionaire would consider a million bucks or more worth considering whether they want to pay it. Again, it’s up to them, not us.

you can take all the wealth, fund the govt for a few years, then it would all be gone and we’d have no more wealth. Which is responsible for capitalism feeding and freeing more people than any other system ever.

 

Let me guess you are a fan of Milton Friedman?

Who cares. I’m a fan of helping those in need, but not at the expense of blaming and cutting down wealth.  On a federal level it makes sense to have a higher rate, on the local level, targeting wealth when the wealth tax rates here are already the highest in the nation, is dumb policy. My cats can figure out how to avoid that tax if it’s what they want to do. 

because im wondering where the myths that you believe are fact come from

Like the earned income credit or UBI that Milton favored?  The facts come from an article a member here posted and is running away as fast as possible from facts in that article.

* The following opinion is mine and mine alone and does not represent the views of my family, friends, government and/or my past, present or future employer. US Department of State: 1-888-407-4747.

The reality, in the real world, is that there are private/public partnerships that supply affordable housing, using tax dollars with “taxation with represent.” What your “it’ll never work” and first it’s $117K, then $120K and now it’s $1M per 1% of tax payers in NYC and it’s going to end up like 1975 Ford fall down and go boom administration illustrates, is that you’re not living in reality.

Provide the link to “straight from the Bus Driver’s plan” and acknowledge that “mid to upper teens” can mean 15% as it relates to a return on investment from private equity before you accuse someone of not reading an article and then complain about links and sources of information.

I’m finished debating AI corporate elitists that don’t post links posing as a dem. Enjoy your AI bubble. Now, I’ve got a tour to book from a Starbucks. Better than mom’s dial up and I save on a subscription.

Halifax2TheMax

* The following opinion is mine and mine alone and does not represent the views of my family, friends, government and/or my past, present or future employer. US Department of State: 1-888-407-4747.

Big day for The Bus Driver tomorrow. Looking forward to seeing how it goes but if I’m Mamdani, I wouldn’t wear a suit, suit jacket or blazer, figuring that I’m just being set up a la Zelinsky. If being cast, might as well play the part, eh?

josevolution

🍿🍿

gimmesometruth27

why is he even meeting with trump and giving trump the opportunity to talk down to him and threaten to withhold funding, etc?

trump is basically a lame duck right now. why give him any opportunity to score cheap political points with his ever shrinking base?

i would cancel the meeting and tell trump that "if i need you i know how to get in touch with you."

josevolution

Or just give him the American salute 🖕🏽🖕🏽🖕🏽