The anti-capitalist policy of the mayor of New York makes business people flee to Florida and, at the same time, puts even small traders in difficulty. But the “hunt for the rich” to which the Dems are converting is starting to be difficult for many…
Sorry, we were wrong. Indeed: without “sorry”. The Western left, inspired by Alexandria Ocasio-Cortezdrops the woke guy and swears that, from now on, he will think about salaries. But rather than moving forward – it’s about time – it’s a turning back. To Marxism. Or at least, to aradical redistributive agenda. After that, if the psychopolice policy was worsening the separation from the man in the street, it is not certain that the socialist – or Islamosocialist, turn, as in the cases of the Big Apple and Michigan, where the dem is very popular Abdul El-Sayed – translates into success.
In New York, for example, Zohran Mamdanithe Muslim mayor of Ugandan origin, elected in November 2025 with a 1960s Scandinavian social democracy-style program, is encountering enormous difficulties. He had to tax, or rather harass the rich, to help the poor. It was supposed to make transport free and limit rent prices. The results? For now, scarce.
The New York laboratory and the “foot on the ground” trap
Mamdani waved a flag: the “foot to earth” tax. A tax approved by the governor of the state, Kathy Hochulwhich has expertise in tax matters. The tax was to be applied to second single-family homes with a value equal to or greater than 5 million dollars and to apartments, also not used as a main residence, with a value equal to or greater than one million. Not exactly a rarity in the city. The amount of the tax would have been calculated in relation to a progressive rate, starting from 4% of the value of the property. According to the City Hallthe tax would have guaranteed revenues of at least 500 million dollars a year, against a budget that suffers from a 5 billion red. Mamdani was so excited by the idea that he shot a video in front of the building where the billionaire financier Kenneth C. Griffinin 2019, he purchased a 238 million penthouse.
The New York scrooges, however, did not remain idle. Three owners have appealed. The administration was accused of having generated “great confusion” by reporting thousands of potentially taxable properties, without however identifying them with a precise legal procedure. A month ago, a state judge, Wayne Ozzihas suspended the application of the tax while waiting for a verdict to be issued, spoiling the celebrations for the pseudo-proletarian mayor. Another hearing in the case took place on August 31. Meanwhile, Manhattan’s average rents have reached an all-time high $6,655 per month (+10% in one year). And now there are those who thank Mamdani for having triggered the revolt of the rich.
A few weeks ago, an advertisement paid for by the Florida Chamber of Commerce appeared in Times Square, the Big Apple square covered with giant bright screens, which ironically named the mayor “economic development leader of the year” in the Sunshine State. Where, claims the Republican executive Ron DeSantiswealthy families from the East Coast, terrified of fiscal Big Brother, would be moving.
The migration to the Caribbean beaches of Florida, moreover, is nothing new: during the pandemic, when New York was subjected to a ferocious lockdown regime, the “Pachamama” of the radical democrats, Ocasio-Cortez, was spotted by paparazzi while smilingly sipping a cocktail in Miami. There, they didn’t want to know anything about lockouts and masks.
Mamdani, however, did not just make the wealthy rise up in arms. His idea of building state supermarkets, like the Soviet Union, has infuriated mini market managers, mostly representatives of the ethnic minorities he is supposed to protect. They too, like the apartment owners, sued him.
Silicon Valley’s shield and Gavin Newsom’s dilemma
Another Asinello frontman is also in similar trouble: Gavin Newsomgovernor of California, eternal candidate for the White House.
A union, the Service employees international union-United healthcare workers West. A sort of CGIL of healthcare personnel who, in October 2025, had filed the Proposition 40a proposed state law to levy a one-time 5% on assets over $1 billion, allocating 90% of the proceeds to hospitals and 10% to education and food assistance. Around 200 people would be affected and the potential revenue would be close to 100 billion. The surprise is that here, unlike in New York, Newsom is against the tax. He knows that the interests of the superpowers of the world are involved Silicon Valley. So much so that, among the main promoters of the campaign to scuttle Proposition 40, which will be put to a referendum in November, there is Sergey Brinfounder of Google. Brin has already allocated 100 million to the committee opposing the law. To this sum were added the 10 million Chris Larsen (creator of several hi-tech companies) and 7.5 of John Doerrmember of the Democratic Party, venture capitalist and president of Kleiner Perkins, the startup investment giant.
The governor fears that the same thing will happen in California that, according to the Florida administration, is happening in New York: a mass flight of the wealthiest men towards states where the tax authorities do not intend to persecute them. Brin, for example, moved to Nevada. Also Peter Thielthe Palantir tycoon, donated 3 million to the anti-Proposition 40 committee and planned a change of residence. Just like Travis Kalanickco-founder of Uber: fled to Texas last December. The point is that, the way the unionists thought about it, the tax would be retroactive. So Brin and company are exposing themselves. Newsom is in a cul-de-sac: if the billionaires win, he will struggle to gain credibility as a champion of the least; if the union wins, the rich will flee his California. Except, perhaps, Jensen Huangpresident and CEO of Nvidia, who said he was willing to pay the tax.
