The mayor of New York Socialist City raises concerns about the economy of Big Apple

New York City The role as one of the most important economic centers in the United States can face negative challenges as the leading competence in the upcoming municipal elections in the city is working on a platform calling for socialist policies.

The supposed victory for the men of the New York State Council Zahran Mamdani in the preliminary elections of the Democratic Party of the mayor of New York City over the former state governor Andrew Como and the sunbred Brad Lander, made him novice in the Maurora race and sent the data on a competitor. Mamdani is also a member of the Democratic Socialists in America as well as the working families Party.

If elected, Mamdani leads one of the most important economies in the country. A report issued by the New York Reserve Bank found that in 2022, the GDP in New York City represented $ 1.2 trillion of economic production. This constituted more than 4.6 % of the US gross domestic product, which was more than $ 25.7 trillion as of 2022.

Real estate developer schools in New York City, Mamdani, on the price housing plan

Mamdani’s critics argue that his policies cannot be implemented in such an economically consecutive city. Bill Akman, the founder of Pershing Square Capital Management, sought to mobilize support for a midfield candidate capable of defeating Mamdani and pledged to provide the emerging competitor with financial support.

“His policies will be disastrous for New York City.

He added: “The ability of New York City to provide services to the poor and needy, not to mention the normal New Yorker, is completely dependent on the fact that New York City is a business friendly environment and a place where the wealthy residents are ready to spend 183 days and take over the associated tax burden.” “Unfortunately, both of them have already started making the necessary arrangements for exits.”

Zohran Mamdani wins the elementary elections: What are his economic agenda?

Mamdani’s campaign platform is characterized by a number of prominent policies preferred by progressive and socialists in the Democratic Party.

His campaign proposes a new new wage law that would raise the bottom of the city’s jobs to $ 30 per hour by 2030, which will increase automatically based on the changes in the cost of living.

Mamdani suggested lifting Corporate tax rate In New York City to suit the tax rate in New Jersey, which is 11.5 %, which believes his campaign will bring $ 5 billion.

He also called for an additional 2 % flat tax on New York families, which earns more than a million dollars annually. To provide additional funding for his plans, Mamdani campaign calls for more tax account auditors, collecting fines from owners and reforms to purchases and contracting to increase one billion dollars of revenues.

Bill Akman promises to fund the middle candidate to defeat socialist Mamdani in the mayor of New York City

The association’s man carried a campaign to build 200,000 new units of “affordable houses, designed through the union, over the next decade-as well as immediately Freezing rental For all settlers stable.

His campaign is characterized by a plan “to implement free children’s care for both New Yorker aged between 6 weeks to 5 years,” with “children’s baskets” to new parents and guardians who include elements such as diapers, children’s napkins, nursing platforms, postpartum platforms, kisses, books, “without any cost for new parents.

He also called on his campaign to get rid of prices on city buses, with priority corridors and jumping signs in the bus waiting list with custom passengers.

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Mamdani also suggests creating City -owned grocery stores By re -directing money from grocery stores for companies, claiming that the city stores will focus on “low prices, not skiing.”