
Ryan
11.4K posts

Ryan
@RJC4500
Go Yankees! #NYY #NYR #NYK #NYG #NikeRC #leftisbest






Non-residents who spend millions of dollars on NYC apartments help drive NYC’s economy. Most of the profit in condominium development is in the penthouses. The Ken Griffins of the world make NYC high end development viable, driving high-paying construction, brokerage, legal, marketing, and other jobs in NYC. We should be applauding Ken for spending $238 million in NYC, not attacking him for doing so. Importantly, non-resident owners of NYC apartments who leave their apartments vacant for much of the year are not a burden to NYC schools, services, or other resources while they drive growth in retail sales, restaurants, theater, and other important drivers of our economy. They also often support NYC non-profits with donations. Ken’s company is a major employer in NYC of very high paying jobs which drive a considerable amount of our tax base. We wouldn’t want him to move even more employees to Miami. These non-resident owners also already pay a lot of taxes including mansion taxes, real estate taxes, sales taxes and more. While @NYCMayor Mamdani likes the tag line ‘Tax the rich.’ Unfortunately, his policies will harm the constituencies he is supposedly trying to help. I can’t imagine the NYC construction unions are excited about his plan.




The rationale, explained to me by a Dem who wants to stop funding Iron Dome: The defense system makes Israel more aggressive, confident that it can launch operations without much damage to its own cities. (Most Dems are still at "no offensive weapons, missile shield okay.")









Happy Tax Day, New York. We’re taxing the rich.



We will be taxing the ultra-wealthy and global elites.











