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breakpointalpha | 3 months ago
"Zohran’s revenue plan will raise the corporate tax rate to match New Jersey’s 11.5%, bringing in $5 billion. And he will tax the wealthiest 1% of New Yorkers—those earning above $1 million annually—a flat 2% tax (right now city income tax rates are essentially the same whether you make $50,000 or $50 million). Zohran will also implement common-sense procurement reform, end senseless no-bid contracts, hire more tax auditors, and crack down on fine collection from corrupt landlords to raise an additional $1 billion."
https://drive.google.com/file/d/14-aM9DKG337SDMilmfQtLRR-pDw...
jaredklewis|3 months ago
Would be great if Democrats can stay the party of serious governance and not style drift to the post-truth style embraced by modern Republicans. I’m glad we’re nominating young, charismatic candidates, but we need to stay in reality.
For a more sober look at the proposals (you sent a link to campaign material) see https://www.cato.org/blog/mamdanis-wishful-thinking-tax-reve...