Mamdani has proposed lowering the exemption on the death tax from $7.1 million down to $750,000. He would also increase it from 16% to 50%

ColonelAngus

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Only the WEALTHY were to get tax increases.

Anyone with any equity in a home in NYC would likely exceed the $750,000 and have to pay the death tax.

NYC is in TROUBLE.

YIKES. 😳
 


Only the WEALTHY were to get tax increases.

Anyone with any equity in a home in NYC would likely exceed the $750,000 and have to pay the death tax.

NYC is in TROUBLE.

YIKES. 😳

People are going to leave NY in droves. My friend moved out of MD for this very reason .
 
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Being in almost the same boat now I hate to say that's what they voted for but it's true, they mainly voted either for Mamdani or the grandma killer, both dems so basically you would have had the same financial result.



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When the takers out vote the makers soon there will only be takers.
 
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