Zohran Mamdani is promising free child care for New York City residents.

[Frankeneinstein]

“There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.”​

― Warren Buffett"

A quote by Warren Buffett

Who holds half of the world's net wealth of this world?

"The pyramid shows that:

• "half of the world's net wealth belongs to the top 1%,
• top 10% of adults hold 85%, while the bottom 90% hold the remaining 15% of the world's total wealth,
• top 30% of adults hold 97% of the total wealth."

Distribution of wealth - Wikipedia.

so? all that proves is that communists are poor equally and that you are the vehicle that communists plan on using to get their hands on that wealth shown above as they will then be at the top of the pyramid and the rest of us will be a part of ground zero...ya know, to prevent the corruption wealth brings...btw, whether the above claim is true or not nothing in that claim is proof it is true, it is merely just a claim with pictures of the claim.

 

[Frankeneinstein]

“There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.”​

― Warren Buffett"

A quote by Warren Buffett

Who holds half of the world's net wealth of this world?

"The pyramid shows that:

• "half of the world's net wealth belongs to the top 1%,
• top 10% of adults hold 85%, while the bottom 90% hold the remaining 15% of the world's total wealth,
• top 30% of adults hold 97% of the total wealth."

Distribution of wealth - Wikipedia.

Reactions:georgephillip

 

[RoshawnMarkwees]

A democrat promising free shit??? Why, I never…

 

[Man With A Plan]

A democrat promising free shit??? Why, I never…

If Mamdani was to actually provide all of the free things he's promising...the New York City budget that is already deep in red ink would almost double...while the people who pay 40% of NYC taxes will be leaving for Westchester, Florida, Texas or Tennessee! It's a recipe for bankruptcy.

 

[georgephillip]

so? all that proves is that communists are poor equally and that you are the vehicle that communists plan on using to get their hands on that wealth shown above as they will then be at the top of the pyramid and the rest of us will be a part of ground zero...ya know, to prevent the corruption wealth brings...btw, whether the above claim is true or not nothing in that claim is proof it is true, it is merely just a claim with pictures of the claim.

With the exception of Chinese Communist Party currently ruling in Beijing, can you name any state in the last 500 years whose economy has created large numbers of private fortunes without relying on wars of aggression and private debt?

 

[georgephillip]

If Mamdani was to actually provide all of the free things he's promising...the New York City budget that is already deep in red ink would almost double...while the people who pay 40% of NYC taxes will be leaving for Westchester, Florida, Texas or Tennessee! It's a recipe for bankruptcy.

Care to cite any evidence in support of your claim?

"Arguments that Capital Flight is Unlikely

• "Historical Data: Analysis of 2023 tax data from the New York Division of Taxation and Finance (DTF) suggests that tax flight among top earners is a 'myth'. The top 1% of income earners were the only group with no net migration out of the state in 2023 and move out of NYC at about half the rate of other income groups.
• "Prior Tax Hikes: There was no notable increase in out-migration among high earners following the state's 2021 tax increases.
• "NYC's Appeal: Proponents argue that New York City's unique status as a global financial and cultural capital, with a large and stable tax base, makes it less susceptible to high-earner exodus solely due to tax rates. "

GoogleAI Overview

 

[SweetTea]

Child care for working people? COMMUNISM!

You are trying to be funny, but the reality is that Communist countries do provide "free" childcare because they see it as a vital part of the early indoctrination process. My wife was born in a Communist country and she was dropped off on Monday morning and picked up at the end of the work week. Lucky for her she had parent's that didn't worship the Communist Party and she wasn't indoctrinated with their nonsense. In the US, too many Democrats don't even know they or their kids are being indoctrinated.

 

[Frankeneinstein]

With the exception of Chinese Communist Party currently ruling in Beijing, can you name any state in the last 500 years whose economy has created large numbers of private fortunes without relying on wars of aggression and private debt?

First of all why is china on that list as there are not a large number of private fortunes being made even if ya count the the communist "tax the begeezus out of em" wealth confiscators who claim that wealth in the name of the peasantry...
and secondly how does any of this justify a confiscation of wealth? what does it matter whose? it appears your argument is taking on water and you are now floundering around looking for a safe harbor.

 

[georgephillip]

First of all why is china on that list as there are not a large number of private fortunes being made even if ya count the the communist "tax the begeezus out of em" wealth confiscators who claim that wealth in the name of the peasantry...
and secondly how does any of this justify a confiscation of wealth? what does it matter whose? it appears your argument is taking on water and you are now floundering around looking for a safe harbor.

Forbes claims China has more billionaires than any other country except the US, so you're wrong about the number of private fortunes being generated without murdering, maiming, and displacing millions of innocent civilians on the opposite side of the planet.
There is a nugget of truth in your take on China's tax policy in that finance capital serves the government in Beijing as opposed to how it rules in DC.

List of countries by number of billionaires - Wikipedia

 

[Dekster]

.

See: Mamdani’s Free Childcare Plan Is the New Progressive Test Case

"Mamdani’s proposal for free citywide childcare could reset the conversation about what local government owes working families. He advocates for public responsibility for basic needs like care and food access, proposing city-owned grocery stores to combat food deserts and rising prices."

For Mamdani’s free childcare to become a reality in New York City, Mamdani would have to end the NYC’s 3% Plus income tax on NYC’s hard working wage earners paychecks.

Has Mamdani proposed to end confiscating the 3% plus New York City’s income tax on NYC’s poor working families?

JWK

Mamdani’s strategy, like the Democrat Party Leadership’s game plan, is to lie, distort, deflect and project an illusionary picture to gain support. This strategy is based on the self-evident truth that a lie and misrepresentations will circle the earth before the truth gets its shoes on.

He can just make Mexico or China pay for it. Works for Trump.

 

[Man With A Plan]

Let the mayhem commence!

 

[johnwk]

Let the mayhem commence!

The good news is, Mamdani’s socialist/Marxist magic wand for providing “free” government cheese for NYC’s rats who voted for him, will leave them high and dry while they realize voting for Mamdani has made him more equal than they are, and will get to live large in Gracie Mansion, have top of the shelf healthcare, maids, cooks, a chauffeur, armed guards, and everything the big pig gets in Animal Farm.

All this while poor working wage earners in NYC, the rats who voted for him and his “free cheese”, will have NYC’s 3% income tax on their paychecks paying for Mamdani’s new life style, while also being taxed to finance the “free” stuff Mamdani has promised them.

 

[Cellblock2429]

ChatGPT: "How does Zohran Mamdani plan to pay for free citywide childcare in New York City?

"How he plans to pay for it​

1. "Raise taxes on high earners
   • "He proposes a 2 % additional tax on city residents earning more than $1 million per year. NBC New York+1
   • He argues this is a 'straightforward' way to capture additional revenue. LGMCORP - Asset Managers
2. "Raise the corporate tax rate
   • "He proposes increasing the corporate tax rate (for the city/state) to match that of neighboring New Jersey at 11.5 %. NYC Journals
   • He frames it as making corporations pay their 'fair share' to support the city’s services. TJvNews+1
3. "Improve revenue collection, reforms
   • "His plan includes tackling unpaid fines (e.g., landlord code-violations) and procurement reforms to raise additional revenue. City & State New York+1
   • Use more effective city revenue tools and tighter enforcement to grow the base of funds."

/----/ ""He proposes increasing the corporate tax rate"
His base is too dumb to understand corporations pass taxes on to the consumers in the form of higher prices.

 

[georgephillip]

/----/ ""He proposes increasing the corporate tax rate"
His base is too dumb to understand corporations pass taxes on to the consumers in the form of higher prices.

Depends on the elasticity of the goods and services being affected, doesn't it, Friedman?

Strong competition keeps prices down, and increasing costs can be absorbed elsewhere like cutting executive pay or bonuses, reducing shareholder dividends, cutting labor or investment spending, or reducing profit margins.

 

[Cellblock2429]

Depends on the elasticity of the goods and services being affected, doesn't it, Friedman?

Strong competition keeps prices down, and increasing costs can be absorbed elsewhere like cutting executive pay or bonuses, reducing shareholder dividends, cutting labor or investment spending, or reducing profit margins.

/-----/ "Strong competition keeps prices down,"
ALL corporations will pay the tax hike. GEEEZE

 

[Lockback]

You are trying to be funny, but the reality is that Communist countries do provide "free" childcare because they see it as a vital part of the early indoctrination process. My wife was born in a Communist country and she was dropped off on Monday morning and picked up at the end of the work week. Lucky for her she had parent's that didn't worship the Communist Party and she wasn't indoctrinated with their nonsense. In the US, too many Democrats don't even know they or their kids are being indoctrinated.

They can't wait to get children into their grasp and teach them all the wonders of Communism and how evil capitalism is.

 

[theHawk]

ChatGPT: "How does Zohran Mamdani plan to pay for free citywide childcare in New York City?

"How he plans to pay for it​

1. "Raise taxes on high earners
   • "He proposes a 2 % additional tax on city residents earning more than $1 million per year. NBC New York+1
   • He argues this is a 'straightforward' way to capture additional revenue. LGMCORP - Asset Managers
2. "Raise the corporate tax rate
   • "He proposes increasing the corporate tax rate (for the city/state) to match that of neighboring New Jersey at 11.5 %. NYC Journals
   • He frames it as making corporations pay their 'fair share' to support the city’s services. TJvNews+1
3. "Improve revenue collection, reforms
   • "His plan includes tackling unpaid fines (e.g., landlord code-violations) and procurement reforms to raise additional revenue. City & State New York+1
   • Use more effective city revenue tools and tighter enforcement to grow the base of funds."

He can outsource it to the Dems most loyal base: the tranny-philes. They’ll gladly do it for free. In fact he could charge them a fee.

The other option is he could let the Mosques do it. I’m sure they’d be eager groom kids for free.

 

[georgephillip]

/-----/ "Strong competition keeps prices down,"
ALL corporations will pay the tax hike. GEEEZE

All corporations will pay the tax hike in different ways.
Some will charge consumers; others will cut wages or dividends,
Monopolies already engaged in price gouging may eat the tax.
Mamdani knows best.

 

[Lisa558]

Child care for working people? COMMUNISM!

We already have child care for working people - and have for decades, from day care centers to after-school babysitters.

Oh wait. You mean that OTHER PEOPLE pay for.

 

[Cellblock2429]

All corporations will pay the tax hike in different ways.
Some will charge consumers; others will cut wages or dividends,
Monopolies already engaged in price gouging may eat the tax.
Mamdani knows best.

/—-/ So, no matter how they split the tariff, in the end, consumers pick up the tab.