Some wealthy New York elites surprisingly back NYC socialist candidate who wants to tax them more

07.07.2025    Fox News    2 views
Some wealthy New York elites surprisingly back NYC socialist candidate who wants to tax them more

Despite his socialist proposals New York City mayoral candidate Zohran Mamdani has several millionaires backing his candidacy amid his calls to tax the wealthy to fund expansive social programs James Hueston a -year-old venture capitalist is part of a group called the Mamdani Millionaires in a Wall Street Journal piece published Monday In my eyes I should absolutely be paying my fair share for the people that need it Hueston described the newspaper I don t think that he s increasing taxation for the sake of it I think that he s doing it to fund very explicitly good policies SOCIALIST'S NYC MAYORAL WIN SPARKS FIERCE DEBATE OVER FEASIBILITY OF RADICAL INITIATIVE AGENDAVoting material displayed that about a third of the city s wealthiest residents supported Mamdani in the primary the New York Post shared Several donors specific from Wall Street and large law firms have remained anonymous Other high-earning supporters of Mamdani include Ahmed Haque the founder and CEO of consulting firm Didactic Labs For immigrants coming to this country these small businesses represent the single path for upward mobility that they have he stated Bradley Tusk a venture capitalist who ran Michael Bloomberg s third campaign for mayor of New York City wrote on LinkedIn that New Yorkers should do what we can to help him succeed SOCIALIST MAYORAL CANDIDATE ZOHRAN MAMDANI UNDER FIRE FOR PLAN TO TAX 'RICHER AND WHITER NEIGHBORHOODS'In an Instagram post Keith McNally owner of Balthazar a French restaurant called Mamdani fantastic More so when my affluent paranoid friends tell me Mamdani s dangerous he wrote Kathy Wylde president of the Partnership for New York City a major business group communicated The Journal that she met with Mandani in September long before his candidacy was taken seriously I m not in favor of ruling body taking over your business Wylde recalled him telling her She added that he has already acknowledged that the housing emergency is only going to be addressed if there s an increase in private supply So he s not just talking about social or socialized housing solutions

Similar News

Maine paddleboarder who went missing was murdered, police say
Maine paddleboarder who went missing was murdered, police say

Anyone who saw Sunshine Stewart paddleboarding between 6 and 9 p.m. Wednesday is asked to contact th...

08.07.2025 0
Read More
Guardians snap 10-game losing streak with 7-5 win over Astros
Guardians snap 10-game losing streak with 7-5 win over Astros

HOUSTON (AP) — José Ramírez and David Fry homered and Brayan Rocchio added a two-run double as the C...

08.07.2025 0
Read More
Who was Red Sox’s first-half MVP? ESPN believes the answer is clear
Who was Red Sox’s first-half MVP? ESPN believes the answer is clear

"You can quibble with a lot of things that have happened in Boston, but so far, the Crochet trade is...

08.07.2025 0
Read More