“NYPD Commissioner Jessica Tisch has agreed to remain atop the nation’s largest police department once mayor-elect Zohran Mamdani takes over in January.
Her decision caps months of speculation over whether the high-society scion would work for a democratic socialist mayor and creates immediate tension for the embryonic administration.”
“”Mamdani won about 62% of the vote among New Yorkers under 30, and more than half among those aged 30 to 44,” Spain’s El Pais noted in an analysis of the election, which was followed around the world. “By contrast, among voters over 65, he drew just 29%.”
…
In March, Gallup found that “since 2010, young adults’ overall opinion of capitalism has deteriorated to the point that capitalism and socialism are tied in popularity among this age group.” Among millennials and Gen Z, support for both stood at about 50 percent. But among the youngest in that cohort, socialism is winning out over its freedom-friendly rival.”
“Freezing the rent: Mamdani’s signature campaign promise was to freeze the rent for more than 2 million tenants living in rent-controlled housing. But the city’s cost of living has grown unabated despite decades of rent control—which, coupled with restrictive zoning, has made the city’s housing shortage worse.
$30 minimum wage: There’s good reason for New Yorkers to be skeptical of Mamdani’s plan to raise the minimum wage. When the city raised the minimum wage to $15 an hour in 2018, the predictable result was increased unemployment and black markets in labor. Nearly doubling the current minimum wage of $16.50 by 2030 would produce similar consequences.
“Free” buses: On the campaign trail, Mamdani promised to eliminate the fare on every city bus to make them “fast” and “free.” The plan would cost taxpayers $600 million–$800 million annually and likely result in slower speeds, which is what happened when the city piloted five fare-free bus lines in 2023 and 2024.
Government-run grocery stores: Mamdani has proposed not-for-profit, government-run grocery stores—subsidized to the tune of $140 million a year—to reduce prices at the checkout counter. New York’s grocery stores, like others across the country, operate on razor-thin margins. The profit motive isn’t to blame for high grocery prices; inflation and supply chain disruptions are.
…
$5 billion corporate tax: Naturally, Mamdani promises that you won’t pay for his multi-billion dollar programs—greedy corporations will! If Mamdani manages to convince state lawmakers to increase the city’s corporate tax rate from 7.5 percent to 11.5 percent, New Yorkers should expect companies to reduce salaries, benefits, and headcount to remain in business. Some might opt to abandon the city altogether, leaving the taxpayers of the People’s Republic of New York to foot the bill for their socialist utopia.”
“Mamdani said that he is going to pay for his grocery stores by “redirecting” $140 million worth of city funding that is already being spent subsidizing corporate grocers. As the Washington Examiner’s Timothy Carney was the first to notice, that number is based on a misreading of a city website. The city subsidizes some private grocery stores at a cost of about $3.3 million per year. As some Bronx residents told Fox News’ Kennedy in a new video published by Reason, the city should focus instead on helping the homeless, dealing with “rats the size of cats,” and cleaning “all of the needles on the street.”
Direct assistance is a more cost-effective and less destructive way to support low-income households than government-run supermarkets, and it’s something the federal government already does in abundance. Through the Supplemental Nutrition Assistance Program (SNAP), or food stamps, 1.79 million New Yorkers—20 percent of the city’s population—receive help purchasing groceries each month.”
“He’s planning to pay for these proposals with various tax hikes, including a large jump in the city’s corporate tax rate from 7.5 percent to 11.5 percent.
…
Unfortunately, raising the corporate tax rate could also hinder the job market, cause corporations to relocate, and decrease long-term government revenue, potentially damaging New York’s status as the financial capital of the world.
Corporations hit with higher tax rates would seek ways to cut costs, possibly harming workers through either layoffs or lower wages.
…
In the United Kingdom, for example, around one in six British companies cut hiring in the fourth quarter of 2024 in anticipation of tax hikes that took place in April 2025. If New York employees aren’t directly laid off, they could face lower wages in the long run.
…
Already, the exodus of banks from Wall Street to corporate tax havens, such as Elliot Management’s relocation to Florida, has cost the city millions in managed assets. New York City simply cannot afford to watch other businesses follow.
…
“”Businesses have only three options to pay for higher taxes: raise prices; reduce costs; or lower returns to investors,” as the authors of the U.S. Chamber of Commerce report wrote. “In reality, they do all three.” The fourth option, one even more feasible if a tax hike only hits New York City, is that businesses will flee.”
It can be true that the greatest victims of 9/11 were those killed and their families, while at the same time, 9/11 caused people to unfairly discriminate against and harass Muslims, making them additional victims of 9/11.