Socialist Zohran Taxing Millionaires While Charming Wall Street
Zohran Mamdani, NYC's 33-year-old democratic socialist and surprise July 1 primary winner who knocked out ex-Gov. Andrew Cuomo (now an independent clingy to elite donors), promises city resources fueled by a 2% income tax on millionaires and an 11.5% corporate tax hike. At a 2025 debate, he pledged to be mayor for both Queens dry cleaners and Wall Street financiers, despite billionaire Mark Cuban calling his rent freeze plans 'none of that shit has a chance.' Crunching data from Business Insider reveals a fascinating divide: 80% of bankers love Cuomo; nearly 90% of back-office Wall Street workers back Mamdani, who's also wooing tech elites with pragmatic progressivism. All this while Mayor Eric Adams drops out, turning NYC politics into the ultimate odd couple sitcom.
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Zohran Mamdani promising billionaires a tax hike while simultaneously trying to get their back-office emails—NYC politics is just corporate 'Game of Thrones' with extra dry cleaners and less dragons.
If NYC mayors were Fortnite skins, Mamdani is the democratic socialist with a tax gun versus Cuomo’s corporate hacker with infinite lobbyists.
Mark Cuban says freezing rent is 'none of that shit.' Meanwhile, Mamdani’s trying to make Wall Street pay for Queens dry cleaners like a broke superhero with a very weird plan.
Source: Businessinsider | Published: 10/17/2025 | Author: Lloyd Lee,Kelsey Vlamis
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