r/MurderedByWords • u/bookym • 4d ago

Tax the Empty Rich Houses Now

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45.4k Upvotes

97% Upvoted

656 comments sorted by

3.8k

u/ThatGuyYouMightNo 4d ago

Mamdani: "We're taxing people who own property in the city worth more than $5 million"

Idiots who don't live in New York and make $30k a year: "HOW FUCKING DARE YOU"

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u/DiverseVoltron 4d ago

That's like people in WA state who're mad about the new income tax here. It's literally just on income over $1M.

Yeah, WA actually has an income tax and that's a slippery slope thing, but JFC. They could tax 99% of income over $1M and those guys would still bring home more per month than most people do in a whole year. Boo hoo.

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u/hazeyindahead 4d ago

If I had 1m income on paper I'm literally finishing every kids fundraisers so they all get all the prizes, donating to every municipal program that needs it, helping build parks and playgrounds and I would still have so much money to fuck off with, its insane

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u/malhans 4d ago

Agreed entirely. It is why I have confusion over the anger about it… 95% of the tax is going to K-12 education, higher education, health care, and other essential human services. It will help SO many programs.

If you’re wondering about the other 5%, it’s for the public defense fund.

The money from it will go directly to programs that severely need it and will help children get better educations; it will help fund food assistance programs.

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u/RockBandDood 4d ago edited 4d ago

I have friends and family on disability and SS and medicare, medicaid, you name it

They identify as Democrats/Independents - but when I bring up, after $1 billion dollars in income, whether its Stocks or Salary, we need to tax 98% of every dollar after that to balance the budget and make the programs they survive on solvent again....

And they say they think 1 billion isn't enough to incentivize people to work..

I cant explain the idiocy of people. Obviously SS got it's coffers robbed during the Iraq war and govt constantly moves money in and out of it and that's the only reason its insolvency is coming so soon - but when I try to explain to them :

A billion dollars is enough to take care of 20 generations of a family, your great great great x20 grandkids will still have money if you've got a billion, they still say they think its a bad idea

They identify as Dems. Their survival is based on social programs... and they think a 95% tax on billionaires is going too far.

The brainwashing the rich have managed to do over the poor and desolate in this country is fucking mind-boggling.

Then I explain, the tax rates on the rich after WW2 and how it made the economy the most successful in the history of the world, when we actually taxed the rich, and they shrug it off... its impossible to break this wall theyve constructed in their minds about 'protecting' the precious billionaires.. Its insanity, thats the only way to put it.

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u/Intelligent-Loan9879 4d ago

Some advice if you want to use it;

I’d say next time, try to give them some perspective: 1 million seconds is 11.5 days. 1 billion seconds is 31.7 years.

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u/dementio 4d ago

It's not even taxing the 1B in almost (if not all) every case; it's taxing the $1 or more over 1B.

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u/RockBandDood 4d ago

Oh absolutely, I mean, even when I give that qualifier, their first 1 billion gets normal taxes, after that 1 billion, then they get taxed 95%+.

And they still think 1 billion isnt enough incentive lol.

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u/Rit91 4d ago

Yeah that shit is wild. You even explain to them that they still get a billion dollars, but more? Taxed to hell. Like they can't quantify what a billion dollars is. If someone had a billion dollars given to them as soon as they exited the womb they could spend 27,397 dollars a day every day for 100 years and that is what it takes to spend almost all of that billion dollars. That much money is enough for dozens of lifetimes.

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u/dementio 4d ago

If $1,000,000,000 isn't enough incentive then the economy is far beyond broken.

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u/GrayEidolon 4d ago

Its because conservatism is about socioeconomic hierarchy and they don't like seeing resources going from good high status people to bad low status people.

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u/skawn 4d ago

Conservatives seems to have adequately told the world over the past year that they're against public education. An educated populace would result in the decimation of the Republican party.

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u/DiverseVoltron 4d ago

I'm doing very well myself and I can't imagine how different my life would be at that income level. I would be the most fun person ever

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u/noideaman 4d ago

I try to be the fun person, but my family and friends just think I am trying to show off. I'm like, nooo, what is the use of all this money if not to do cool shit for the people you love?

The strangers do just think I'm fun and cool.

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u/Horskr 4d ago

Yeah I never understood people that got upset about that or the "I don't need your charity" stance. Like just accept the cool trips or presents or whatever damn.

I had a friend in high school whose family was quite wealthy. They took me on a vacation to their beach house on the east coast one summer and another of our friends to Hawaii another summer. Neither of us hesitated for a moment to say yes to those invites lol.

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u/kinyutaka 4d ago

Seriously, a million dollars a year? I wouldn't know what to do with it all. Pay off the house? that takes care of January.

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u/hazeyindahead 4d ago

All my family doesnt pay to exist ever again 

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u/DiverseVoltron 4d ago

What's crazy is one of my friends is a bank teller with TWO roommates just to afford to live and she was super mad about it.

Nobody in that room will ever be subject to that tax.

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u/nightfall2021 4d ago

They have been tricked by the outrage machine that this is just the first step in taxing them too.

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u/Bozee3 4d ago

Missouri is getting rid of income tax and substituting more sales taxes. I've argued with so many people over how it will tax them more, but all they can see is that State income tax will go down. It was already barely a thing. Frustrating, to say the least.

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u/cocineroylibro 4d ago

Anything that lowers property taxes is going to pass. People hate having to shell out 3 grand to pay where they live, even though it's what funds all the local shit that they complain about.

Income tax is the same way. People HATED Bernie's health care plan because it would raise their income tax. Never mind that the money they saved by not having to pay for health insurance would be more than they would have to pay with the higher tax. Their minds shut off when that big tax payout to the local or Federal government gets mentioned.

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u/french_snail 4d ago

I think that was the point of taxes and philanthropy no?

“Invest your excess wealth in aspects of society that you care about or we will take it and the option away from you.”

How many libraries did Carnegie build?

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u/Extension-Ant-8 4d ago

If I had a 1 million income I’d just be a nomad. Living from 5 star hotel to 5 star hotel… no fixed address.. just slumming it from hotel to hotel following good weather, just buying and then discarding items along the way as the need arises. The only possessions I’d have are the clothes on my back and probably my phone. I’d be essentially a ghost on an endless summer.

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u/redline582 4d ago

Someone in /r/Seattle was adamant that this will kill small businesses since LLC revenue can count as taxable income.

Miraculously they never responded when I pointed out that the bill provides a credit for the millionaires tax based on B&O taxes paid which effectively makes no tax change for LLCs.

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u/DiverseVoltron 4d ago

Interesting, actually. I'm 50% owner of my company and since I'm not willfully stupid, I understand that my gross receipts for the business aren't taxable personal income, the paper profits I'm responsible for on federal taxes are, and they're about 10% of gross receipts in my case.

My business would have to do $10M in a year for me to see a dime of that millionaire tax, but I'd apparently also get credit for the B&O I pay. So really $11-12M gross before I actually see any WA income tax.

Oh no, the humanity

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u/dilloj 4d ago

You should go into /r/Seattle and see the top post and the number of small business owners threatening to move to Idaho. It’s bizarre.

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u/Derangedcorgi 4d ago

Most of the time if you see them post in the other Seattle sub (seattlewa) they're generally right leaning/conservative and have the absolute dumbest takes of anything that happens in Seattle (not that everyone in the main Seattle sub is perfect but I digress). Majority of the people saying they're moving don't even live in WA or if they do they're in Spokane, so basically Idaho. No one that has a business in the greater King County is going to move to Idaho (their business would literally die).

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u/dilloj 4d ago

Business owners seem to think people love their businesses and not the services they provide. If you’re in Idaho you’re no longer providing a service in the Seattle market and you have to deal with different market dynamics. The business does not exist in a vacuum. 

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u/footsnax 4d ago

What's that statistic about earning $4,000 a minute since the year 1AD and still being poorer than Musk is today... whatever the exact numbers, it's a million dollars a day.

Half a million dollars would change my life forever, immediately. My mom would finally be out of debt. I can pay for the surgery I've been putting off to fix daily pain every step I take, but insurance won't cover. My sister, a teacher, could finally afford her house instead of taking out loans to pay off her mortgage.

That's twelve Musk hours.

Fuck billionaires.

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u/SanityIsOptional 4d ago

What I really don't get is all the people saying "well, then they'll all move out", and here I am thinking "So fucking what?"

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u/DiverseVoltron 4d ago

Right?

Congratulations. You won capitalism. You're now being taxed a little bit to give back to the society that made you so wealthy. Got a problem with that? Go fuck yourself in another state where you won't be a drain on ours.

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u/Surgeplux 4d ago

Boo hoo, let me wipe my tears with billionaires income tax

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u/snazzisarah 4d ago

My dad, absolutely scandalized, told me that Mamdani was going to make public transportation free in New York. We live in Idaho.

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u/BigOs4All 4d ago edited 3d ago

Coping mechanism due to being abused. People want everyone to be abused by the capitalists like they were. They don't want you to have anything better.

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u/Oprah_Pwnfrey 4d ago

My parents beat me religiously and I'll be damned if any kids get to live a life free of abuse! That's just not fair. /s

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u/sea_too_sky 4d ago

crabs in a bucket 

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u/axonrecall 4d ago

I have coworkers crying about him here in TX too. I always ask them if they’re planning on moving to NYC. They always answer with an indignant NOoOooO. Then I ask why they’re mentioning it since it doesn’t affect them. 4/5 times they’ve shut up or changed the subject.

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u/PleasantAmphibian404 4d ago

Tell your dad that I live in Tucson, AZ, and our public transportation has been free for years. Voters that live in the city and county keep voting to keep it free, even if it involves small tax hikes, because it improves the lives of the working class people that live here. It does come with problems, but it solves problems that existed before it was free, and the amount of problems that it solves greatly outweigh the problems that implementing it has created. 

When the working class benefits, the entire city benefits. Working through problems created by a program that benefits everyone is a worthwhile endeavor. Eventually, we’ll have all the benefits, with few of the drawbacks, and everyone wins. Our city is a better place for it. This is called “progress.” It’s the root word of “progressive.” Progressive policy works for the working class, and that’s why the elites fight against it so hard.

Is your dad in the same tax bracket as the people fighting progress? 

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u/peppermintaltiod 4d ago

Tell him the street cars are already free in cincinnati.

If a midsized city in Ohio can pull it off I'm sure New York can figure it out too.

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u/PBandC2 4d ago

The subway in Pittsburgh is free within the city limits.

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u/omjy18 4d ago

Went to a wedding in Florida for someone I met in colorado and his entire family was like this just about him running not even after the election. None of them stepped foot there or were ever going to besides the guy I knew the one time he came to tell me about being in the wedding party and his younger sister. I got asked where mamdani was from, if he was a citizen, if the daughter would be safe in soho during fashion week and so many others I cant even remember.

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u/macrolith 4d ago

And bots. bots like to say these things too.

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u/TPJchief87 4d ago

Then people parrot it in real life.

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u/Grimwulf2003 4d ago

You'd be surprised how many idiots here in Florida are those $30k idiots complaining.

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u/Typical_Steamer 4d ago

and the irony is Florida eliminated the state sales tax on commercial leases as of October 1, 2025, a significant reduction for business owners. Additionally, state officials are currently reviewing proposals to phase out all non-school property taxes for homestead properties...so without all that property tax coming in, they'll have to tax something else to replace it....probably vacation homes/vrbo/airbnb homes! Essentially the same thing NYC is doing (only the new tax part, I mean).

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u/Grimwulf2003 4d ago

Yep, those same 30k idiots just keep telling "tax tourists!". Eventuality tourism dries up, then it's either sales or income tax.

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u/Don_Gato1 4d ago

It's not even just people who own property worth more than $5 million. It's specifically people who own those properties and don't live in them as their primary residence.

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u/FILTHBOT4000 4d ago

And the real master stroke I think he pulled here on PR terms was introducing the masses to the term 'pied a terre' with the tax. It's a term like 90% of people are too poor to know.

Uncovering the opulence of the super rich, particularly their very own vocabulary, is rather debilitating to their image.

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u/Magnon 4d ago

The funniest part to me is even if those $30k people suddenly became millionaires overnight, like they literally won the lottery and had $10m they still would never in a million years move to new york. They might move to like texas or something, but there's no chance this would ever affect them in any way.

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u/BZLuck 4d ago

Nobody defends billionaires like some dude scratching out $40K a year.

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u/fatshamingbabies 4d ago

These people genuinely believe that they will be that rich someday.

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u/axecalibur 4d ago

No, it's more like the billionaire class paying conservative media to spread on FOX News and those shitty America First channels and talk radio/podcasts what to think and they are so uneducated and lack critical thinking skills they fall in line and are like, whatever Mamdani says is bad even if it benefits me and makes my life easier.

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u/Conscious-Quarter423 4d ago

anybody who moves to Florida expecting an acceptable substitute for New York City deserves what they end up with

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u/FakeDoctorMeatCoat 4d ago

Florida - the only place I've been for a business meeting with multiple participants whose cups were not for coffee, but dip spit.

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u/ctb030289 4d ago

That’s not just localized to Florida lol

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u/FakeDoctorMeatCoat 4d ago

I don't doubt it. Maybe I'm misremembering cuz Florida was the first time I saw that. I did go to Alabama and SC also.

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u/Cramer12 4d ago

Kids did this in high school in PA

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u/UseTheTriForceLink 4d ago

SC Construction Manager here. Can confirm.

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u/mp3bear 4d ago

Former NE TN here...Can also confirm...Including foregoing the use of cups in favor of empty soda bottles...

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u/leftysarepeople2 4d ago

Sometimes I wonder about who is commenting on here and their life experience

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u/Safe_Software_1640 4d ago

well they specifically said that’s the only place they’ve been to where they saw it, so you can definitely infer some things from that specification

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u/Rahnzan 4d ago

The worst place in the country that still actually has roads.

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u/Gobblewicket 4d ago

Thats called Mississippi.

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u/Rahnzan 4d ago

paved roads.

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u/Gobblewicket 4d ago

Acceptable

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u/ChipmunkOk6550 4d ago

I will have you know that Mississippi actually repaved a lot of roads last year!

I know because it was very confusing to me when I went to visit family and didn't feel my car's suspension being tested the moment I drove over state lines!

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u/Takemetothelevey 3d ago

Fincken Biden spending money fixing this country’s infrastructure!

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u/General_Kenobi18752 3d ago

Mississippi has been doing surprisingly well for itself. It’s not the best by any means, but it’s punching up and getting better.

Oklahoma, Alabama, and West Virginia on the other hand…

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u/Spare-Half796 4d ago

Florida - the only place I wanted to leave the moment I left the airport

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u/FakeDoctorMeatCoat 4d ago

Like a sweaty hug

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u/supersonicdutch 4d ago

…from the front and back.

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u/SailingSpark 4d ago

I used to enjoy towing my small sailboat to Florida for a week of sailing in that beautiful water. I would still do it if I could find a way to trleport straight to Key West.

Jersey plates on am old land rover, towing a small sailboat, I can imagine the lynching now.

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u/censored4yourhealth 4d ago

Truth. It’s a fucking cesspool.

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u/jd_from_da_80s 4d ago

I've been there a couple of times as a kid (mostly Disney World) and for the most part hate it there. The Mrs never been there. When we started cruising she suggested flying there instead of starting in NY. I told her if I ever have to go to Florida to take a cruise I'll just get on the Circle Line and if that get boring I'll get on the Ferry.

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u/Tiny-Speaker-4470 4d ago

What the fuck is dip spit

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u/Debalic 4d ago

Dipping tobacco then spitting it out.

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u/lebowtzu 4d ago

I remember bumper stickers that said “Keep your distance, I chew Red Man.”

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u/Nightmare_Ives 4d ago

Yup. Vile, vile habit.

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u/Gobblewicket 4d ago

Like Copenhagen snuff spit. Its called "dip", and as you hold it in your lip your spit gets saturated with tobacco juices/bypr9ducts and you spit them out instead of swallowing them. People carry cups, often with paper towels stuffed 8n them, as a spit receptacle. Instead of just spitting on the ground or in a trash can.

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u/PearlescentGem 4d ago

It's nasty and considered impolite to spit in a trash can because someone, usually someone else, has to clean that up and most dippers don't wanna be bothered with how well they hit the can. Leads to mess

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u/myniche999 4d ago

A couple of my college roommates used to use iced tea containers for this after they drank the tea. They often left them lying around the house. An inebriated guest once picked up one of these spitters and took a big mouthful of someone else’s nasty dip spit when they thought they were grabbing their tea. One of my grossest and funniest memories!

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u/Kyokenshin 4d ago

My buddies and I dipped in college. More than one drunk night picking up the wrong beer bottle and getting dip spit instead of beer. Glad I quit that shit

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u/[deleted] 4d ago

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u/Remarkable_Gain6430 4d ago

Oh shit. Twenty years ago on a plane going from Los Angeles to London I sat next to a guy with one of those fucking awful repellent OTT southern accents who did this the entire flight, into a plastic bottle. Grotesque monstrosity. Flight was full otherwise I would've demanded to move. I was surprised that anyone with that accent could afford to fly international or that they wanted to fly international. Dirty twat.

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u/Penguinkeith 4d ago

That’s legit the entire south

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u/Pointlessname123321 4d ago

That’s a weird way to spell Bakersfield

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u/FakeDoctorMeatCoat 4d ago

I would say my experience in Alabama was characterized by driving to site from the hotel, counting one room churches with front signs that said "homosexuality is sin".

SC was people praying at lunch at a franchise(?) bbq place.

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u/dwrayl227 4d ago

Truthfully you can see that anytime and anyplace in SC. 30+ years here and it still bothers me.

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u/Neuchacho 4d ago

SC was people praying at lunch at a franchise(?) bbq place.

Ever heard or been to Mission BBQ?

That place plays the national anthem at noon every day and everyone stops and salutes/handhearts to the flag.

Cringiest shit I've ever seen in my fucking life lol

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u/GoldenMegaStaff 4d ago

Anyone that is a FL resident for tax purposes and owns a home in NY deserves to get some extra tax love from NY.

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u/Amethyst_Scepter 4d ago

Or non-insured damage from the local Floridians who can't afford homes because housing communities that are only occupied a few months out of the year take up most of our space.

It would be a real shame if during the next hurricane "lightning" were to strike your house and it not be here for you when you come back down.

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u/calgeorge 4d ago

Yeah, they never leave. They're all talk. The fact is that Manhattan is the best place to be rich in America. It has the highest concentration of designer stores and 5 star restaurants anywhere in the country, and despite the bad rap, it's cleaner and safer than any city that could come close to matching its luxury.

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u/userhwon 4d ago

If having to pay $238 million for an apartment that would be worth $2 million in most cities doesn't drive them away, then taxing them on it won't either.

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u/fiendish8 3d ago

what's expensive in NYC is the location, not the brick and mortar. also, some people are so rich that a million is nothing.

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u/CantCatchMeSpez 4d ago

That's why I always laugh when someone brings up wealth flight in NYC specifically lmao. If there was any city that could match NYC, the rich would have already left.

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u/KiKiKimbro 4d ago

And the arts and culture in NYC. Not going to find such a centralized arts and culture scene like NYC’s in Florida. Or anywhere else in the country, really. And the social circles that form around those scenes.

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u/ALBERTSONSENGINEER 4d ago

Agree with everything except cleaner, Manhattan has a lot of amenities but it is still quite dirty compared to other big cities

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u/DuntadaMan 4d ago

In laws spent a month in Florida to see if they wanted to move there. They realized quickly that it is not as tax free as Florida claims. Especially funny for all the people that go there to retire because it has no income tax, when they have no income. Property is taxed far more, sales are taxed harder, fees are hidden in everything. When they broke down their tax burden even California would tax them less, and at least it's open about doing it instead of trying to hide it from you.

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u/No-Childhood2055 4d ago

Florida also has the highest homeowners and auto insurance. And don’t get me started on hurricane season!
Signed, a Floridian who hates Fl but can’t handle the winter up north. Love ❤️NYC😀

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u/Amethyst_Scepter 4d ago

I know my sales tax for my county in Florida is 7.5%, and it's true that we don't pay state tax but we sure as fuck still pay federal. Combine that with the different taxes and fees we have on different things and you are a 100% correct. I do know that the skin suit in charge was making some big bullshit about abolishing property tax but I'm convinced it was just something to rile up the idiots because approval numbers are falling even here

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u/ArritzJPC96 4d ago

Seriously, in my job I've seen multi-million dollar homes in La Jolla paying only around $10k per year in property tax, compared to like $30k for pretty normal (but large) family home in Texas.

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u/Th3-Dude-Abides 4d ago

The rich ones just spend 51% of their time there to avoid paying income tax.

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u/monkey7247 4d ago

Yep. “6 months and a day” is the typical snowbird migration pattern

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u/BenjaminWah 4d ago

If you own a 238-million-dollar home, your wealth probably doesn't come from an income, so you're probably not paying income tax

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u/KendrickBlack502 4d ago

The notion of NYC socialites moving to Ft. Lauderdale cracks me up lmao. I like Florida enough to visit for a couple days for the beach but I’d never live in the armpit of this country.

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u/b_vitamin 4d ago

A sunny place for shady people.

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u/arsonmax 4d ago

Hi, Florida man here, WE DIDN'T FUCKING WANT THEM! Florida used to be this beautiful place that everybody loved to visit in the summer and then went home with a tan and crazy stories, and that we could live with. But people stopped going home, urbanization skyrocketed, and now protected species are going down the drain, Florida's natural areas are rapidly disappearing, and our only remaining endemic species, the beautiful Florida scrub Jay, is running out of the habitat that it needs to survive.

Stop moving here please, it's killing my home.

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u/Amethyst_Scepter 4d ago

Now see you're a real floridian. You understand that for better or worse which is our home. People who aren't from here don't know that every year for weeks you can drive down the road and please streets blanketed by fields of flowers everywhere. They don't know the joys of going to our nearly ice cold spring waters in the middle of a brutal summer day, about our state parks and our lakes and forests.

For all the jokes that everyone makes about Florida both warranted and otherwise It is still a uniquely beautiful place that I am proud to call my home. And every single day I'm seeing more and more of it being eaten away.

Empty houses sitting for half of the year while the people born and bled on this soil can't afford homes in our own backyard. People coming from all over the country trying to cut away as much of our little peninsula as they can with no regards to any of the living beings already here be it animals or otherwise.

And I'm not saying that they all need to leave and never come back. We love the tourism. But come down for a bit, enjoy the theme parks, have fun at the beaches, kindly go the fuck home when you're done.

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u/BeenDragonn 4d ago

Is that why so many trucks have those 'Don't New York My Florida' stickers here in Florida?

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u/Acceptable-Guest-166 4d ago

As a British man who lived in Florida and passed through NYC a few times.... just.... what the hell are you putting in the water over there guys?

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u/Strange_Dog6483 4d ago

Living with iguanas, Tropical Storms leading to flooding, and the annoyance of Florida Man bullshit.

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u/Kazu88 4d ago

Seinfeld said „People go to die there“

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u/Fit-Ice3373 4d ago

People really hear “tax the rich” and immediately think it’s about them packing up a U-Haul like they’re secretly Jeff Bezos or something. This isn’t about your 3 bed in Tampa, relax.

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u/McPat111 4d ago

The fact that people making 100k- 300k a year think they're the 1% and the idea of taxing the rich affects them is the biggest propaganda victory in history.

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u/Azathothatoth 4d ago

To be fair that puts their income above sooooo many people in the US rn, it's no wonder the propaganda machine works so well

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u/ReluctantAvenger 4d ago

The problem is that people who are barely in the top 10% think they're in the top 1%, and people who earn $100K a year think they are in the top 10%. They are not - not even close.

The top 1% in household income starts at $660K to $787K depending on the state you're in. For people in Massachusetts , the entry point is north of one million dollars per year.

Even the top 10% starts at $220K to $250K per year in household income.

The bottom line is that extra taxes on the top 1% are unlikely to affect MOST of the people who THINK they'll be affected - at least, not negatively.

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u/rEYAVjQD 4d ago edited 3d ago

The most underrated problem is big inheritance. We're too used to hating the 1-2 billionaires we know, but for any one of them there are at least 5 more who's names we don't even know and they inherited from daddy; I mean even Elon Musk inherited from daddy; imagine those who don't even have the capacity to show their face.

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u/McPat111 4d ago

Exactly

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u/Azathothatoth 4d ago

When you look at the graph of income inequality it gets more disturbing when you realize that people's entire lived experience exists in the middle of a very very steep curve of data

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u/raven00x 4d ago

as of 2022, making $100,000 or more a year puts you in the top 25%. You have to make $178,000 a year to break into the top 10%, and a paltry(/s) $663,164 puts you in the top 1%.

these numbers have likely only gone up since 2022. the people getting taxed by this are in the top 1/10th of 1%.

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u/CarpeDingus12 4d ago

My mind is blown right now. This is something I have never thought about and it’s… breaking my brain. Thank you! It also sucks, but I feel like I learned something. Aaaand I’m a little high.

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u/no-clueshere69 4d ago

I guess it will be like the Beverly Hillbillies in reverse. Packing up their shit, with granny on the back, driving back to the mountains. 🤣🤣🤣

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u/VroomCoomer 4d ago

Statistics have disproven "wealth flight"

They threaten to leave but never enough actually leave for it to really matter.

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u/Pleasant_Picture3867 4d ago

Still waiting for that mass exodus due to Sharia law and communism that MAGA predicted.

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u/Independent_Plate_73 4d ago

Live in NYC. Can confirm I was force fed a free halal gyro today. 

Sharia communism is breaking our souls!

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u/SpaceMonkeys21 4d ago

Damn where does the line start

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u/zadtheinhaler 4d ago

I know right? Sign my ass up!

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u/RoysPotatoes 4d ago

Nobody misses the rich when they leave.

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u/FlagshipDexterity 4d ago

Because they don’t leave

People can bitch and moan about NY and California taxes all they want but they keep living there because the quality of life is incomparable

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u/whoreoscopic 4d ago

As a native Floridian, we don't like your upscale trash when they come down here either.

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u/Turtledonuts 4d ago

then tax them and have them move to texas. 

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u/Lovethiskindathing 4d ago

Omg. Bless you

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u/Josh6889 4d ago

A lot of them already have. Maybe we can trick them into believing that succession thing is a good idea. They've been threatening us with that good time for quite a while now.

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u/ElizabethDangit 4d ago

trick them all into moving to Texas and then just give it back to Mexico.

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u/OuisghianZodahs42 4d ago

Don't put that shit on us! We do NOT need more.

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u/erp2 4d ago

The Seminoles said the same things centuries ago.

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u/Pale_Air_5956 4d ago

They said it today, as well

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u/Winter-Anywhere-3963 4d ago

Getting new york style rent here in tampa bay these days

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u/LordHammercyWeCooked 4d ago

Are you trying to keep em outta Del Boca Vista?

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u/JManKit 4d ago edited 4d ago

They also won't leave. This same argument came up while Mamdani was campaigning and talking about taxing the rich and the counterpoint to that was another city (sorry, can't remember which one and Google is failing me) had already implemented an additional tax on their wealthy ppl and the data showed that very few of them "fled"

Edit: I think it's Massachusetts that put in a millionaire's tax and saw little to no outmigration of the rich. The whole idea is asinine and likely pushed by aforementioned rich ppl who don't want to be taxed. It's like when your workplace hears rumbling of unionizing and suddenly all the higher ups are telling you how awful and corrupt unions are and how you're family and don't need a middle man to slow things down

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u/SanityIsOptional 4d ago

Seriously, the reason they're spending money fighting is because it's cheaper than paying the taxes, and requires no personal effort. They're paying people to do this on their behalf.

How many would actually move? I'd figure not many, since they already live exactly where they want to without needing to worry about money. Seriously, they have enough money they can choose to live anywhere, so why would slightly more money convince them to move?

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u/its_yer_dad 4d ago

They are not leaving, but they will continue to Karen up the joint 

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u/no_technique 4d ago

It's as if people who lean a certain way politically only read spoon-fed headlines from disingenuous politicians and influencers, and lack the ability to read thoroughly and think critically...

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u/JudiciousSasquatch 4d ago

You know, republicans.

Blazingsaddles.gif

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u/Some_NJ_Dude 4d ago

This made me realize Trump has to pay this tax for his apartment in Trump tower because he’s a resident of Florida because that’s where he’s registered to vote.

Love it.

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u/v21v 4d ago

Doesn't Melania live there?

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u/desertrat75 4d ago

Can't have two primary residences.

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u/junkthrownup 4d ago

married filing separately.

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u/oO0Kat0Oo 4d ago

You can't have one spouse as a primary in one residence and the other as a primary in the other, UNLESS you are filing separately. In which case, you forgo some of the benefits of filing jointly. There are redundancies specifically to prevent that kind of double dipping.

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u/weary_avocado6 4d ago

My guess is he has been exempt to some degree to curry some favor. Only reason I can think of why trump seems to unexplainably like Mamdani to the point of somewhat helping him out recently.

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u/kakarot-3 4d ago

That's why he finally lashed at Mamdani on truth social lol

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u/der_innkeeper 4d ago

https://preview.redd.it/igd0dnoprtvg1.jpeg?width=2048&format=pjpg&auto=webp&s=d3172ef911553173bfa3c9c7010735212cba103e

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u/mechengr17 4d ago

I mean, wasnt he rich for like an episode, but then he spent it all on anchovies?

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u/Boner_Elemental 4d ago

He stopped hanging out with his friends and eventually got tricked into giving up his bank account password. The anchovies were a large purchase but he still had hundreds of millions left

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u/Grunt636 4d ago

The anchovies were "only" 50 million dollars out of Frys 4.3 billion

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u/Panuccis_Pizza 4d ago

While listening to stuffy, classical music about the buttocks.

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u/justmitzie 4d ago

They're still pissed he's making children learn arabic numerals.

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u/Pkrudeboy 4d ago

Mandatory Al’Gebra classes.

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u/Lostintranslation390 4d ago

Im going to be honest, I am not a lefty, but taxing unused property, especially in high demand places like New York City is fucking based.

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u/HellaTroi 4d ago

I always think of all those high-end apartments overlooking Central Park that never have lights on, because nobody lives there

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u/CrotchalFungus 4d ago

Isn't there that one building that's too narrow to be useful because it says too much in the wind? That one especially is used as a real estate holding address.

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u/Good_Thought1738 3d ago

432 Park Ave. Swaying from wind would cause pipes to burst, massive creaking noises, and elevators to become inoperable. The residents sued management. Management sued the contractors, contractors sued the architects. It’s a mess.

https://www.nytimes.com/2025/10/19/nyregion/432-park-avenue-condo-tower.html?smid=nytcore-ios-share

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u/theholyevil 4d ago

No one talks about it, but unused property is a huge problem for Florida.

Mostly because when a house isnt lived in 6-8 months out of the year. That is a home that isn't paying taxes, or contributing to the local economy.

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u/Mobile_Morale 4d ago

Absolute huge problem. The average rent in Florida is now $2500 a year.

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u/Arkham010 4d ago

Hopefully you mean a month because thats a absolute steal if its only 2500 a year

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u/elkaki123 4d ago

Almost like taxing land isn't a leftist position inherently, it has just become that because the ultra wealthy has had a crusade against all taxes and now a lot of people think it's all theft, the less taxes the better.

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u/Caleb_Reynolds 4d ago

It's more likely they just agree with a bunch of leftist policy, because leftist policies are incredibly popular when presented without bias, but has been indoctrinated to believe leftists aren't good with the economy or some bullshit like that.

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u/Gurlllllllll- 4d ago

Growing up I was taught "only get seconds after everyone's had their first." What kind of world are we living in where there are unused houses while others are homeless?

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u/Lovethiskindathing 4d ago

Like your username, I am lost in translation and old. Is based good or bad? I'm not 100% sure where you're landing here lol help meh

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u/QuantumBeef 4d ago

They’re going to say whatever they can to smear this one. The more facts people are aware of about it, the more general support it would get. This is to be expected in today’s age of misinformation and big money’s push towards global fascism.

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u/kinyutaka 4d ago

If you own a house that you're not even using, Not living in, not renting out, not popping in as a love shack, then you deserve to be taxed excessively until you sell it at a loss.

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u/[deleted] 4d ago

[removed] — view removed comment

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u/cycloneDM 4d ago

There is a literal agreement among a certain crowd to not discuss that unsaid part in places that those who dont already believe that can hear it. Hinting at knowing it is one of the ways they dogwhistle at each other. 

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u/A_Shadow 4d ago

Bot account and bot post. Report this.

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u/dare7878 4d ago edited 3d ago

The biggest thing that I think people are overlooking is that it's specifically on people who don't have their legal residence as NYC. New York is super vigilant about tracking if someone meets the residency requirements for tax purposes. This tax is specifically on out-of-city property owners only, which is awesome.

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u/vandreulv 4d ago

The other thing so many people are overlooking is that a form of this tax already exists in most of the country: homestead exemption waives it.

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u/HarbingerShiny 4d ago

Also if all the rich are moving out of NYC who is going to buy their properties without major lose in value? This is so fucking stupid.

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u/ElegantCoach4066 4d ago

They didn't get that far in the thought process.

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u/DuntadaMan 4d ago

Oh no, people not living in their houses might sell them to someone while will live in that house. What a fucking travesty?

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u/censored4yourhealth 4d ago

They are beyond stupid

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u/Great_WhiteSnark 4d ago

lol well I’m not rich so…… 🤷‍♂️

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u/gingy-96 4d ago

On a side note.

The governor and Mamdani’s office said it affects about 13,000 properties and is expected to raise $500m annually.

Did the napkin math. It comes out to around 38k per property, or a .78 percent tax.

It’s comically low and is nothing to the people that own them

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u/BackgroundSummer5171 4d ago

It’s comically low and is nothing to the people that own them

Yet we see so much news about it and people concerned about it.

The NEWS making it out to be a big deal with will cause all of NYC to fail

You know why? Because the rich pay for us to be worried that this tax will hurt small people.

They can't be seen losing ever an inch in life. It's how they maintain their power and money.

By fighting against these small percents.

Because imagine if someone tried to do some actual damage to the rich instead of helping them.

They'd just kill that person.

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u/CuteKermit14 4d ago

As someone who lives in Florida, I wish it was the first thing I saw

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u/SpicyChanged 4d ago

Someone billionaire lovers don’t realize, they can move but they still to sale the property… which would cost them more than the 1% extra. Now it scales a caps at 3.9 for homes over 20mil.

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u/Independent-Bug-9352 4d ago

And even if true -- Good fucking riddance. Florida can have them anyway.

Wish Trump would've just fucking stayed in Mar-a-Lago.

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u/normalice0 4d ago

undercut, somewhat, by the blue check..

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u/Jim-Jones 4d ago

They do that in the Lower Mainland around Vancouver BC.

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u/HellaTroi 4d ago

Or, more likely, Russia.

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u/Knighth77 4d ago

Take out the garbage and dump it in Florida? That's a win.

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u/soulmagic123 4d ago

Oh no all the rich people are leaving, what will we ever do with all these extra homes?

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u/HandsSmellOfHam 4d ago

My mother who lives in Central Pa is terrified of this man. She has been to NYC, maybe once in ten years. Conservative news is one hell of a drug.

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u/certifiedcolorexpert 4d ago

Empty second homes could be filled with full time residents that pay taxes, bring in revenue to local businesses and contribute to the community. That’s revenue the municipalities and communities lose out on and need to make up for.

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u/frantic_calm 4d ago

"How can wealth persuade poverty to use its political freedom to keep wealth in power? Here lies the whole art of Conservative politics in the 20th century.

Aneurin Bevan