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RE: LeoThread 2025-11-06 21-40

in LeoFinance20 days ago

Part 11/12:

Mdami advocates for "Trumpproofing" NYC through revenue increases, including taxing the wealthiest 1% and raising corporate taxes. His proposed flat 2% tax for high earners aims to fund social programs, such as rent freezes and public welfare initiatives, to protect residents from federal economic policies that threaten their livelihoods.

His stance signifies a shift toward more progressive taxation to finance city priorities, contrasting sharply with current policies under Mayor Eric Adams, who has opted for more conservative tax and fiscal strategies.


Summary: A City at a Crossroads