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Podcast: News For Reasonable People
Episode: New York BROKE: $12B Hole Sparks 2008 Crash Fears as Socialists Demand MORE TAXES!
Description: New York City's new socialist mayor just announced his brilliant solution to a $12 billion deficit: tax the rich into oblivion and hope they don't notice. Mayor Zoran Mdani wants to slap a 2% tax hike on millionaires while promising $10 billion in freebies—universal childcare, free buses, the whole progressive wishlist. Meanwhile, he's citing a study claiming wealthy New Yorkers leave at one-fourth the rate of other income brackets. Does that honestly make sense when socialists are actively painting targets on their backs? We break down the mayor's blame-shifting strategy, his refusal to cut a single bloated program, and the uncomfortable fa...