Mmastodon BusinessEconomy first seen 16 d ago, last 15 d ago, peak #6
Bloomberg's post-9/11 property tax hike resurfaces in Mamdani debate
Original: The history of New York is just fascinating. I didn't know that Bloomberg decided to raise property tax after 9/11 to re
Michael Bloomberg, as New York mayor, raised property taxes after the 9/11 attacks to help fund the city's rebuilding, a fact highlighted in a PBS segment on the city's future. The comparison is being invoked against critics of Zohran Mamdani, suggesting they apply a double standard when he proposes taxing the wealthy to fund city priorities.
Why now: The Mamdani mayoral campaign has reignited debate over taxation in New York, prompting lookbacks at how past mayors handled fiscal crises.
Michael BloombergZohran MamdaniNew York City
Evidence
- The history of New York is just fascinating. I didn't know that Bloomberg decided to raise property tax after 9/11 to rebuild the city. Which says a lot about the hypocrisy/ignorance of Mamdami's critics. https://www. pbs.org/video/the-future-of-ci ties-z8v7l8/ # ny # economy #… · aSweetGentleman@mstdn.social · 1
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