US Edition
Billionaires Lash Out After Zohran Mamdani Says There Shouldn’t Be Billionaires
NEW YORK CITY, JUN 30 – Mamdani’s platform aims to raise $9 billion through a 2% tax on millionaires and higher corporate rates to fund universal child care, affordable housing, and city-run grocery stores.
- Zohran Mamdani, Democratic candidate for New York City mayor, won the primary last Tuesday, campaigning on affordability and social programs while declaring billionaires shouldn’t exist.
- Prompted by property tax inequity, Mamdani's 'Stop the Squeeze' plan aims to shift taxes to wealthier, whiter neighborhoods, addressing an unfair system.
- Analysis shows Mamdani’s tax plan targets 123 billionaires, proposing a 2% levy on incomes over $1 million, projected to raise $9 billion in New York City.
- Following Mamdani’s primary win, billionaires like Catsimatidis threatened to leave NYC and Loeb dubbed him 'Little Fidel,' signaling public panic among elites.
- Beyond local polls, Mamdani's campaign has mobilized 37,000 new voters in two weeks, elevating NYC's political landscape to national prominence and signaling a shift towards progressive insurgency.
Insights by Ground AI
Does this summary seem wrong?
34 Articles
34 Articles
WHO'S MISSING? CBS Documentary Decrying Oligarchs Omits Notorious Lefty Billionaires
WHO'S MISSING? CBS Documentary Decrying Oligarchs Omits Notorious Lefty Billionaires A CBS News documentary blasted America’s supposed transition to a so-called “Gilded Age” of oligarchs to attack President Trump and the tech leaders who stood with him and at his inauguration. As if CBS stood for Channeling Bernie Sanders. The problem: The documentary conveniently excluded any mention about the most notorious left-wing billionaires in U.S. poli…
·Washington, United States
Read Full Article
Coverage Details
Total News Sources34
Leaning Left11Leaning Right14Center1Last UpdatedBias Distribution54% Right
Bias Distribution
- 54% of the sources lean Right
54% Right
L 42%
R 54%
Factuality
To view factuality data please Upgrade to Premium
