New York City Mayor Zohan Mamdani is quick to denounce claims that he is a full-fledged communist, but the third-world import sure has a fixation on personal property.
One thing is certain, the congenial Democrat relishes in the idea of scaring people, as seen in a recent appearance on Jon Stewart’s podcast, responding to the notion that he’s both a socialist and a Muslim to laughingly say, “If you scare them, scare them twice!”
As for those who own property, Mamdani issued a warning on X about a “new” tax to close budget gaps that’s aimed at those who own a second home.
“If you have a second home in New York City worth more than $5M, check your mailbox when you’re back in the five boroughs — because you’ve got mail,” the mayor wrote. “Today, we sent notification letters to property owners, letting them know that our new pied-à-terre tax is coming soon. The best city in the world deserves the best parks, libraries, and schools in the world. That’s only possible when we all pay our fair share.”
If you have a second home in New York City worth more than $5M, check your mailbox when you’re back in the five boroughs — because you’ve got mail.
Today, we sent notification letters to property owners, letting them know that our new pied-à-terre tax is coming soon.
The best…
— Mayor Zohran Kwame Mamdani (@NYCMayor) July 23, 2026
Having promised a lot of free things while running for office, the Uganda-born mayor who maintains dual citizenship learned quickly that someone has to pay for “free” and he set his sights on the more affluent, resulting in a dramatic exodus of millionaires from the city — according to a bombshell study just released by the Citizen Budget Commission, the Big Apple saw a nearly $11 billion loss in much-needed tax revenue in just one year.
And Mamdani’s answer is to squeeze those who remain behind even more. The lesson here being that the Democrat is just getting started on raising taxes — a lesson voters may take to the polls with them next time around.
Here’s a quick sampling of responses to the story, as seen on X:
What is the “fair share” of your many constituents who PAY NOTHING, Comrade Mayor?
— Cynical Publius (@CynicalPublius) July 23, 2026
NYC residents are fucked. Mamdani is destroying the city.
— Gunther Eagleman
(@GuntherEagleman) July 23, 2026
Mayor, your snarkiness proves your taxes are punitive and not productive.
—
Abraham Washington
Consequences of this policy:
– More money leaves your state
– More jobs leave your state
– No incentive for the wealthy to buy a property in NYC
– Property value drops
– More construction workers lose jobs
– Realtors lose income.What’s your point with this policy?
— Patrick Bet-David (@patrickbetdavid) July 24, 2026
Parks and libraries, together, account for less than 1% of spend.
The schools are failing, despite having the highest spend per pupil in the nation.
Our infrastructure is crumbling.
The money is not going to help NYC. It’s going to fund bloated bureaucracy.
— Michelle Tandler (@michelletandler) July 23, 2026
NYC’s pied-à-terre tax hasn’t even started and brokers already say owners are calling to sell.
Empty units don’t tip doormers or pay supers.
You’re not taxing the rich. You’re firing the working class that depended on them.
— Mehek Cooke
