GOP triggered by Mamdani making the ultrarich pay up– www.dailykos.com

Republicans are lashing out at New York City Mayor Zohran Mamdani after he announced the city had taken a significant step forward in securing millions in taxes owed by the city’s ultrawealthy residents.

Mamdani said on Thursday that notices had been sent out informing owners of second homes worth $5 million or more that the pied-à-terre tax put in place by the state’s Democrats is coming soon.

Under current law, the properties are undertaxed, and plans are to apply the money that will be raised to help address New York’s budget deficit.

“The best city in the world deserves the best parks, libraries, and schools in the world. That’s only possible when we all pay our fair share,” Mamdani wrote.

An April estimate from the New York City comptroller analyzed the tax and found that it could provide as much as $510 million annually if fully implemented.