Way to go, New York! Tax the Billionaires!
Democratic New York mayor, Zohran Mamdani, and Governor Kathy Hocul announced a new tax on billionaires, the city's first-ever pied-à-terre tax, which is a fee on luxury apartments worth more than $5 million whose owners don't live there full time. The surcharge is designed to target luxury "part-time" homes owned by non-residents to generate an estimated $500 million annually for city services. As New York City faces a significant budget gap, the tax will generate much needed revenue for the city without impacting every day New Yorkers.
"If you can afford a $5 million second home that sits empty most of the year, you can afford to contribute like every other New Yorker,” said Governor Hocul.
“This is a smart, sensible proposal from Governor Hochul that will generate significant new revenue to help fund the vital services New Yorkers rely on," said New York City Council Speaker Julie Menin.
"This is about fairness: the global superrich use Manhattan real estate to park their wealth, leaving these units vacant, while they benefit from the safety, stability, and services that make New York a secure place to invest. Especially on Tax Day, it is clear they should be paying their fair share. If you can afford a $5 million second home, you should appropriately contribute to the subways, schools, and public services that protect and sustain your investment,” said Manhattan Borough President Brad Hoylman-Sigal.
But billionaires weren’t happy about it. Billionaire Ken Griffin said that he may move more of his company’s operations out of the city in retaliation for criticizing his outsized wealth. Steven Roth, chair of Vornado Realty Trust, said that phrases like “tax the rich” are “just as hateful as some disgusting racial slurs.” Aw, tough shit, Stevie, as its billionaires escaping their obligation to the city and to the country that made them so rich in the first place.
We say — It's about damn time! And be sure to tax New York's Trump tower at the overinflated value that Trump himself said it's worth. Then let's tax Mar-a-Lago next, and if Trump refuses to pay, then turn it into the country's new Displaced Immigrants' Welcome Center!
Trump's Ballroom Scam
And speaking of real estate, let's talk about Trump's billion dollar ballroom scam. Trump's promise was that it was going to be "privately funded" without using any taxpayer dollars whatsoever. “I’m paying for it; the country’s not,” Trump said in September. In December he said it would be “free of charge.” In February he cited “no charge to the taxpayer whatsoever.” And in March he said it would involve “zero taxpayer dollars.” Trump LIED again! You can tell Trump's lying if his mouth is moving. The cost has now ballooned to nearly five times the price he originally stated, and there is no other funding lined up. As of this week, Trump's project carries a $1 billion taxpayer-funded “security upgrades” request hidden deep inside a Senate reconciliation bill by MAGA Republicans. His only option is to now convince the American people that using taxpayer money for this albatross was somehow perfectly reasonable. And that even though the project would cost dramatically more than he originally claimed, it was still somehow “under budget.” We citizens say, "Demolish Trump's unneeded albatross."
Trump LIED again, saying, "Actually, it is coming in ahead of schedule, and under budget!” Trump would be nothing if he wasn't an arrogant and incessant LIAR! Impeach and then oust Trump!
More MAGA Inside Trading!
This morning, noted historian and professor Heather Cox Richardson, reported the following about more insider trading within the Trump administration.
"Early yesterday morning, Barak Ravid of Axios, who often reports information from White House insiders, wrote that the White House believed it was close to a memorandum of understanding with Iran that would end the war and lay the groundwork for future negotiations over Iran’s nuclear program, although there was plenty of hedging in the article.
Once again, there were fortuitously timed trades before the story broke. Adam Kobeissi’s Kobeissi Letter, which comments on global capital markets, noted that about 70 minutes before the Axios story, someone took about $920 million worth of crude oil shorts and bet the market would drop, meaning they promised to provide about 10,000 contracts for oil at the current price. Within two hours, oil prices had fallen more than 12%, making the entity a profit of about $125 million."
The MAGA administration is SCUM. The Days of Reckoning are coming after the midterms when Democrats take over the majorities in the House and Senate.
Get Tan like Tangerine Trump
Trump's inept Health and Human Services Secretary and tanning-bed-roasted strip of fruit leather, MAGA cult member Robert F. Kennedy Jr., wants teens to have the same opportunity to get melanoma, the most dangerous form of skin cancer, as their older peers by giving teens more access to tanning beds. RFK, Jr. has been sizzling in tanning beds for decades, and how he wants teens to be able to do the same.
We’ve known for decades that tanning beds are dangerous — especially for children—but hey, look at Kennedy. He turned out alright, didn't he? (Note: please excuse us while we vomit).
Tanning beds blast out ultraviolet radiation at 15 times that of the actual sun, but worm-brained RFK, Jr., who believes the government has been at war with sunshine, doesn't care about teens getting preventable cancer.
Actual scientists with medical degrees who work on skin cancer, of course, have pointed out that you cannot build up a tolerance to the sun. Instead, you just make your risk of getting skin cancer absurdly higher.
On the topic of cancer, RFK, Jr. is also advocating flavored nicotine vapes simply because Trump, his MAGA cult leader, said so. RFK, Jr. is a wimp. NBNB = No Backbone, No Balls.
FACTS: RFK, Jr. is not a doctor — he just plays one at the Department of Health and Human Services. He has no medical degrees, licenses, or board certifications, and no formal training in medicine or public health. His only qualification for the job is that he, like so many others, is an ass-kissing Trump loyalist.
MMGA = Make Melanoma Great Again
MADA: Make America Democratic Again!
MAGA: Morons Are Governing America
Mark your calendars for the next No Kings — No Trump — No ICE rally:
July 4, 2026 (democracy's 250th Anniversary)!
We tell it like it really is, and not like Trump would have you believe in his warped, twisted, and altered sense of reality!
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