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In reply to the discussion: We are losing [View all]thought crime
(675 posts)His economic ideas are actually reasonable. The financial industry has a history of supporting Democratic candidates, but there is an implied agreement that those candidates will back off, and they do. Corporations hold cities hostage, and they use campaign finance to prevent a fair economic agenda. I don't think Mamdani wants to hurt the finance industry but he could ask them to pay a bit more tax. Is it really so painful?
I saw this happen in Seattle several tears ago, when Kshama Sawant/city council proposed a housing tax that would apply to about 800 companies and would raise about $50 million. Amazon fought like hell and threatened to abandon a large building construction. End of story. Later, she succeeded raising much more, with the help of a global pandemic. Somehow, Amazon and other companies survived both the tax and the pandemic.
If we are a rich country, why don't we act like it? What do we have to do to make our cities and our country more livable? Why don't we do it?
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