Mamdani’s campaign vow to only tax the wealthy comes back to haunt him with property tax hike threats

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Well, that didn’t age well.

Mayor Zohran Mamdani’s campaign promise to only ever raise taxes on the city’s uber-wealthy is coming back to bite him — after threatening New Yorkers with a nearly 10% hike in property taxes.

Hizzoner repeatedly made the vow on the trail last year, telling voters that he would only push Albany to raise taxes on people pulling in the most money each year in the Big Apple.


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“I don’t want to pay more taxes,” the Subway Takes host says.

“Do you make more than $1 million or more a year?” Mamdani jokes with the host as he shakes his head no.

“Then, your taxes are not going up. The only taxes that we are proposing are on the 1% of New Yorkers who make $1 million or more a year.” 

Mayor Zohran Mamdani vowed in a “Subway Takes” during his campaign that he would not raise taxes on all New Yorkers if elected. Instagram / @subwaytakes
The then-mayoral candidate claimed he would focus on tax increases on residents making over $1 million a year. Instagram / @subwaytakes
Mamdani threatened to raise property taxes by 9.5% if Albany doesn’t raise taxes on the wealthy to fund his city budget. Matthew McDermott for NY Post

But after Mamdani threatened New Yorkers this week with a 9.5% property tax hike, the video started making the rounds again.

“This did not age well… Property taxes going up for all. Good job NY,” one user said, echoing many of the recent comments.

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