New York City Mayor Zohran Mamdani said Tuesday his team has balanced New York City's budget, closing a budget gap of more than $12 billion that he says he inherited.
Yes I’m aware, it was literally a sarcastic comment, not a brain-dead take.
When the state tax coffers are covering a 4 billion dollar municipal deficit, and the state coffers are disproportionately funded by NYC residents, it’s just a case of the left hand stealing from the right pocket. There is still a 4 billion dollar deficit, it’s just being paid for by either a different tax revenue stream, or budget cuts to a different set of services
“we balanced the budget without needing to raise municipal taxes… by raising your state taxes”
You do realize he is the mayor and not the governor. Thus he cannot raise state taxes.
Wow that’s embarrassing for bjorney
Truly a great defeat
Seriously a big L for bjorney. Will they ever post again?
Yes I’m aware, it was literally a sarcastic comment, not a brain-dead take.
When the state tax coffers are covering a 4 billion dollar municipal deficit, and the state coffers are disproportionately funded by NYC residents, it’s just a case of the left hand stealing from the right pocket. There is still a 4 billion dollar deficit, it’s just being paid for by either a different tax revenue stream, or budget cuts to a different set of services
Yes they exchanged a tax that increases per square foot for a tax that increases based on income.