
He proposed that NYC "shift the tax burden from overtaxed homeowners in the outer boroughs to more expensive homes in richer and whiter neighborhoods."
According to a memo on Mamdani's housing policy, the winner of the Democrat mayoral primary in New York City, in order to "fix the property system" in the Big Apple, and "shift the tax burden from overtaxed homeowners in the outer boroughs to more expensive homes in richer and whiter neighborhoods."
"The property tax system is unbalanced because assessment levels are artificially capped, so homeowners in expensive neighborhoods pay less than their fair share," the policy sheet added. "The Mayor can fix this by pushing class assessment percentages down for everyone and adjusting rates up, effectively lowering tax payments for homeowners in neighborhoods like Jamaica and Brownsville while raising the amount paid in the most expensive Brooklyn brownstones."
Doing this, Mamdani's policy statement said, will address what he calls the "deeply inequitable system" of housing in New York "using the full power of the mayor's office" and working with the city's government to do so.
Mamdani, who has said that Democrats across the country should run on a platform such as his, won the mayoral Democratic primary against former New York Governor Andrew Cuomo earlier this month, who was seen as the moderate in the race. Mamdani will be making an attempt to unseat New York City Mayor Eric Adams, who is running as an independent in the election.
Other far-left policies that Mamdani has advocated for include freezing rents, propping up government-run grocery stores, raising the minimum wage to $30 an hour by 2030, expanding access to sex change operations for youth, free public transportation, free child care for every child between six weeks and five years old, and many others.
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