One question that keeps coming up about Zohran Mamdani’s socialist fever dream for New York City, is how he is going to pay for all of the free stuff that he’s planning to give away.
This becomes especially complicated when you consider that some wealthy people and companies will flee the city if he becomes mayor.
Mamdani apparently has a plan for that. He is going to try to tax companies even if they leave the city. It’s not exactly clear how he plans to enforce this insane idea.
Townhall reports:
We suppose the silver lining of New York electing an avowed Democratic Socialist as mayor is that we’ll get to see how disastrous his socialist policies really are, and that’ll discourage the rest of the nation from voting for socialism. But we won’t pretend that learning that lesson will be hard, especially for the people of New York who didn’t vote for Mamdani.
In his latest tax-grab scheme, Zohran Mamdani vows to tax businesses that leave New York and, it seems, any company that merely does business in New York, even if they’re headquartered elsewhere.
“So the way that this tax works is it applies to any business doing business here. They could be located in Miami, but if they’re doing business in New York, it applies to them,” Mamdani said.
This policy proposal is insane. So insane, in fact, we don’t even know how to wrap our heads around it. That’s hundreds of thousands of businesses, including international ones.
In what world does any of this make sense?
New York is so screwed
Zohran Mamdani doubles down in an interview claiming even if businesses leave New York, he’s going to pass legislation to track them down and tax them anyway
This will only hurt the working class. Businesses will just raise prices, not take the loss
“The… pic.twitter.com/P1I4Y5Pf71
— Wall Street Apes (@WallStreetApes) October 30, 2025
He can pass whatever legislation he wants, but he can’t force an individual or a business pay taxes to NYC instead of the state they live in. Once they’ve left NYC, his claim on them legally ends.
— John Hawkins (@johnhawkinsrwn) October 31, 2025
He’s literally copying Russia. I’m not even kidding. This is literally what Russia is doing right now.https://t.co/Jz7VW9jGii https://t.co/L6Od7admjm
— Mitsu (@MitsuShow) October 31, 2025
This guy is still the favorite to win the election, as far as the polls are concerned. Is New York City really going to do this?
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