NEW YORK, NY — Mayor-elect Zohran Mamdani announced plans on Thursday to specifically target the rich with a new tax on anyone who makes more than $0.00 a year.
The plan, dubbed the "How Much You Got?" Tax, was expected to go into effect in January after Mamdani officially takes office. He has called the tax a day-one initiative, claiming his bread lines would be a disaster without the increased revenue from taking all of everyone's money.
"Everything will be free because we'll use everyone's money to pay for it," Mamdani said. "It's basic economics. You wouldn't understand."
Officially, Mamdani has no authority to raise taxes in the city (other than property taxes) without the cooperation of the New York State Legislature. However, experts believe he'll receive little pushback at the state level.
"He kind of just does whatever he wants without any logic or reason behind it, but I can't tell him not to because I'm not Islamophobic," New York Governor Kathy Hochul conceded.
For their part, New York City citizens overwhelmingly supported Mamdani taking all their money with a dramatic 100% tax rate. "What am I going to do with my money, be independent and free?" asked local New Yorker Seth Meyers. "That's silly."
At publishing time, President Donald Trump had called out Mayor-elect Mamdani for his destructive plan and offered to host him at the White House on Friday to discuss it because he's a huge Islamophobe.
Congress is preparing to make some big changes!
