Roger
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#new Zohran Mamdani warns homeowners that the new pied-à-terre tax is about to hit - meanwhile his family still owns a gated five-bedroom, four-bathroom villa compound on two acres in Kampala’s wealthiest neighborhood in Uganda.
#Uganda
The property features lush gardens, a pool, Lake Victoria views, is listed on Airbnb, and is surrounded by armed guards because the average income for people in his country is less than $1,000 a year.
#newyork
Mamdani also owns four acres of land in Jinja, Uganda, near the source of the Nile.
Back in New York Mamdani sent out what critics call a 'cheeky' message saying,
"If you have a second home in New York City worth more than $5M, check your mailbox when you’re back in the five boroughs - because you've got mail."
"The best city in the world deserves the best parks, libraries, and schools in the world. That's only possible when we all pay our fair share."
Currently the top 1% of earners in New York pay 44% of taxes - which pays for:
🟧Cash welfare:
A record 865,000 people (about half the population of Idaho) as of 2025
🟧Section 8:
About 123,000 households
🟧SNAP:
About 1.8 million people
🟧Medicaid:
About 3.6 million people
🟧40% of the population in New York city are foreign born.
Mamdani's tax imposes an annual surcharge of about 1.3% on top of regular property taxes for 2nd homes owned by people whose main homes are outside the city.
Officials say it will raise about $500 million a year; money, Mamdani says will support parks, libraries, and schools.
However, in FY 2026 - NYC budgeted:
🔷️$1.5 billion tax dollars on migrants, but the city has already spent $1.1 billion tax dollars on migrants through March
🔷️For FY 2027:
🔷️Mamdani has budgeted $1.2 billion tax dollars for migrants.
🔷️At the height of the crisis (FY 2024), the city spent about $3.75 billion tax dollars on migrants.
🔷️FY 2023 through projected FY 2027 NYC shelled out $11–12 billion tax dollars on migrants
#ChristinaAguayoNews
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