Here are the “rich” Mamdani wants to tax

[Lisa558]

War? What war? This isn’t a war. It’s, uh, something totally different that is almost done except when it isn’t and we don’t know when it’s done, either with Iran surrenders unconditionally or whenever Trump gets a certain feeling. And they definitely know what they’re doing and everything is going according to plan but they can’t tell you anything about what’s going on.

Dems are happy to find every part of DHS other than ICE while they wait for Republicans to come to the table and agree to common sense reforms to reign in an out of control agency.

I thought this was a war. The Dems tried to pass some War thing to block Trump.

 

[Marener]

“We” do what makes sense? And who is this “we” who decides that taking money from the middle class and directing it to wasteful Democrat schemes makes more sense than letting the middle class earner decide what to do with his own money?

We as in the country through our elected representatives.

You’re the one who wants to jack up taxes on poor people, so you’re clearly talking out both sides of your mouth.

Take me. IF I have $1 million remaining at the time of my demise (all depends on whether the nursing home eats it up), I would rather divide it among the people who have been kind to me in life, along with a few charities. Why should the government get to take it and fund an Islamic Day Care fraud scheme and ultimately have my money go to Arabs who hate Jews?

I would rather never pay any taxes but sadly that’s not possible. Our country needs to put their big boy pants on and stop pretending the problem will go away on its own.

 

[Marener]

I thought this was a war. The Dems tried to pass some War thing to block Trump.

Johnson said it’s not a war so he blocked it.

Hegseth won’t call it a war.

Trump says it’s a “little excursion”.

These guys can’t talk straight and be honest.

 

[Meister]

Calling people commies for supporting taxes is childish.

It’s a poor attempt at deflecting.

Sorry you don’t like estate taxes. No one likes any taxes. We do what makes sense.

No, government confiscating from the middle class.
I don't mind fair taxes, paying my "fair share", I don't like
getting raped by our government.

 

[Marener]

No, government confiscating from the middle class.
I don't mind fair taxes, paying my "fair share", I don't like
getting raped by our government.

Fair is meaningless. Life isn’t fair. Some people inherit millions, billions. The vast majority don’t.

Stop using emotionally driven rhetoric.

Paying $10k in taxes on $800k estate isn’t rape.

 

[Meister]

Fair is meaningless. Life isn’t fair. Some people inherit millions, billions. The vast majority don’t.

Stop using emotionally driven rhetoric.

Paying $10k in taxes on $800k estate isn’t rape.

What about a two million dollar estate? Not every estate is your 800,000 number.
What's 90% of 1,250,000?????????????????????????????????????????????????????

That is rape. Now **** off.

 

[Marener]

What about a two million dollar estate? Not every estate is your 800,000 number.
What's 90% of 1,250,000?????????????????????????????????????????????????????

That is rape. Now **** off.

Not sure what the tax burden on a $2 million estate would be since the articles don’t say anything about the tax brackets. They definitely didn’t say anything about 90% tax rate.

I can’t find any comprehensive data, but it sure as hell looks like a $2 million estate is quite rare. Pretending like this is some burden on middle class families is not coherent.

 

[Robert W]

That sounds like the NYC Market is pretty dysfunctional, then.

Thanks to Mamdani.

 

[Robert W]

Not sure what the tax burden on a $2 million estate would be since the articles don’t say anything about the tax brackets. They definitely didn’t say anything about 90% tax rate.

I can’t find any comprehensive data, but it sure as hell looks like a $2 million estate is quite rare. Pretending like this is some burden on middle class families is not coherent.

If Trump did that, you would not think well of him.

 

[Meister]

Not sure what the tax burden on a $2 million estate would be since the articles don’t say anything about the tax brackets. They definitely didn’t say anything about 90% tax rate.

I can’t find any comprehensive data, but it sure as hell looks like a $2 million estate is quite rare. Pretending like this is some burden on middle class families is not coherent.

90% over 750,000 is what Mamdani is pushing, 40% fed, 50% Mamdani.
Seems like he is pushing to get the rich into the middle class bracket.


New York City mayor Zohran Mamdani has endorsed a 50% death tax rate.

Combined with the federal rate of 40%, and after accounting for deductibility, New Yorkers will face a combined federal-state Death Tax rate of 70%. The highest in the world.

Mamdani wants to drastically expand the Death Tax net. Any New Yorker who dies with $750k of assets will be hit.

As noted by Bloomberg News:

New York City Mayor Zohran Mamdani wants to slash New York state’s estate tax exemption threshold by almost 90%, from a more than $7 million limit to $750,000, and raise the top estate tax rate from 16% to 50%.

Mamdani Wants to Stick New Yorkers with World's Highest Death Tax - Americans for Tax Reform

New York City mayor Zohran Mamdani has endorsed a 50% death tax rate.

atr.org

 

[Marener]

90% over 750,000 is what Mamdani is pushing, 40% fed, 50% Mamdani.
Seems like he is pushing to get the rich into the middle class bracket.


New York City mayor Zohran Mamdani has endorsed a 50% death tax rate.

Combined with the federal rate of 40%, and after accounting for deductibility, New Yorkers will face a combined federal-state Death Tax rate of 70%. The highest in the world.

Mamdani wants to drastically expand the Death Tax net. Any New Yorker who dies with $750k of assets will be hit.

As noted by Bloomberg News:

New York City Mayor Zohran Mamdani wants to slash New York state’s estate tax exemption threshold by almost 90%, from a more than $7 million limit to $750,000, and raise the top estate tax rate from 16% to 50%.

Mamdani Wants to Stick New Yorkers with World's Highest Death Tax - Americans for Tax Reform

New York City mayor Zohran Mamdani has endorsed a 50% death tax rate.

atr.org

The federal exemption is $14 million.

We don’t see the tax brackets in the proposal. We don’t know when the top marginal rate kicks in.

 

[Lisa558]

Not sure what the tax burden on a $2 million estate would be since the articles don’t say anything about the tax brackets. They definitely didn’t say anything about 90% tax rate.

I can’t find any comprehensive data, but it sure as hell looks like a $2 million estate is quite rare. Pretending like this is some burden on middle class families is not coherent.

A $2 million estate for a middle-class couple with college educations and decades of a professional career - AND WHO SAVED RESPONSIBLY - is quite achievable, especially when you factor in home equity.

 

[Marener]

A $2 million estate for a middle-class couple with college educations and decades of a professional career - AND WHO SAVED RESPONSIBLY - is quite achievable, especially when you factor in home equity.

I never said it wasn’t achievable.

But it’s not common. You keep shifting the rhetoric. It’s not honest.

 

[ColonelAngus]

A $2 million estate for a middle-class couple with college educations and decades of a professional career - AND WHO SAVED RESPONSIBLY - is quite achievable, especially when you factor in home equity.

The way it is going, in a decade $2 million will be like $200,000 today.