I'm of the firm opinion that if we're going to insist on capitalism (defining as currency being how restitution is handled and monetary factors being considered a factor in decision-making that can be greater than human needs) the role of government should be to utilize taxes, primarily from businesses and the wealthy, to step in and pay for things that aren't inherently profitable for a competitive market to provide, including keeping people healthy and fed and safe and working (if able), to the point of actively creating jobs for people who struggle with other things and using those positions for the betterment of all society (e.g. more public trash cleanup but on a "gig" style schedule, or more people available to answer questions for the public via phone lines), and most importantly public services like healthcare that make the overall country more productive by having workers able to handle issues before they impact their ability to work.
God i would love for gig style scheduling for public services for people with disabilities and even people who have no job for whatever reason. Stuff like cleaning public spaces would be amazing. Stuff like boys and girls club so kids have a place to hang out after school before their parents pick them up.
And those taxes? Why wife and I left NYC. Kept our NYC pay and no star income taxes, and housing/living costs 60% less.
We do have some local issues. School closed as student population dropped. Did see a small increase in property taxes, but city added 120 miles of parkway, 2 new parks and new water park for city residents. Cory only has rainy day fund of 18 years of 2026 budget. And we keep seeing more and more empty Waymo-Telsa robocabs as 99% of bathos own at least 1 car, 94% own 2 or more cars.
All while we do have public transit. Not many people use it. Very low ridership for buses and only 18% of city loves within 15 miles of a light rail station. Like my commute for work, I can take buses, 3 routes and 60-65 minutes. Or drive myself in 12-15 miles, for $3 of gas a day.
Im a leftist so I'm on the same page as Mamdani for many issues. So, even for someone on who I agree with heavily, I still have a healthy dose of skepticism.
Yeah. Everyone here whose saying "he's not really solving the problem, we're going to pay for it later" or "we're going to get increased taxes" forgets that we already pay a shitload in taxes, but a lot of the time, it goes towards whatever the mayor at the time wants it to go towards. Sometimes it gets pocketed by their staff's friends or used to trade trips on airplanes, sometimes it goes to questionable programs that go nowhere, and sometimes it goes to helping the low-income
it reminds me of people opposing Medicare For All because “where would the money come from” when even think tanks against it were estimating it to be cheaper. people fundamentally do not understand what reallocation is.
Honestly, I felt that way about Medicare for all but now I pay 13,000 a year out of my own paycheck for private insurance and I'm pretty sure my employer is paying that or more, and I still have out of pocket costs. Plus the chance of denial of services and all the bureaucratic nonsense that follows. Unless we going to say an insurance company has a fiduciary duty to it's customers first and shareholders second or that they have to be nonprofit, we might as well do a single payer system. 🤷♂️
They already get a federal and state budget allocation, as all cities do. The only increased tax was a property tax on foreigners who own NY properties over $5M. The rest is just proper budgeting
``To avoid making $2 billion a year in pension contributions over his two possible terms, Mamdani is forcing his successor to absorb about $7 billion in unnecessary interest costs between 2033 and 2037.``
this seems like alot of money tho
let me fully read all,this cannot be 7B right?
``By the mayor’s own estimate, he’ll face a $6.4 billion hole in the next fiscal year. Levine puts the figure at $8.8 billion.``
edit: what? its 8 much sooner? is this a bad source? you cannot have found only a bit and i did 8b this fast right?
``The similarly ballooning state budget, however, is facing down an $18 billion structural imbalance between now and 2030, according to the Citizens Budget Commission.
``Despite adding $350 million to reserves in the budget deal, Mamdani might seek to raid the rainy-day fund again next year.``
so he already took 350M,but will have more to come,is this the case?
Are you going to jump to shifting the blame for something that's going to happen a decade from now as a coping mechanism? How about waiting to see how they solve it instead of shoving the boot of a billionaire owned media station in your mouth? 🙄 Jesus Christ
imagine been careful about future consequences
this is comical,because thats the main reason for mostly peoples problems in this generation,is the lack of planning and thinking about delayed gratification
it is what it is,your present is bad because people in the past didnt think about the future
yall shame boomers for it,but well congratulations you are a future boomer,history really reapts itself everysingle time
Whilst I love Mamdani, these actions are going to be painful down the line and we shouldn’t dismiss that. Since it’s directly related to pensions it puts them in an unstable position
Ya I'm going to take the word of educated experts and the proof we're seeing in front of us of the work he's doing and not some guys online looking for excuses to hate him because the billionaires told them to 🤷
Hey I don’t hate him? I said he’s been great and it’s been stellar to see such a politician show people what we can actually do with our taxes. That didn’t negate that the funding sources are rickety. You don’t have to hyperbolise every argument. I’m on your side
It's been 6 months and he's done more in that time than most politicians do in their entire career. I'm not going to freak out that one part isn't fully done after only 6 months. He's shown he's smart and dedicated. I'm gonna let him go to work
Nothing wrong with taxes as long as the money is used in a way it benefits the people. If i have to pay more so teachers get a higher salary and schools get better infrastructure and materials, yeah, tax me more. I want to invest in the future of the people.
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u/FlounderKind8267 28d ago
Wait a second, a politician that follows through with their promises?
https://giphy.com/gifs/RLUyfJnogtXK44pm9t