💬 Opinion Apr 18, 2026 · Liza Featherstone

Zohran Mamdani and the Left Made Kathy Hochul Tax the Rich

Jacobin Magazine
Socialist perspectives
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This week, democratic socialist New York City Mayor Zohran Mamdani announced, with Governor Kathy Hochul, that New York would impose a pied-à-terre tax. While the playful French phrase implies a small dwelling, it’s a misnomer in this case, since the tax only applies to houses, condominiums, and apartments valued at more than $5 million and […]

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