(TikTok screencap)

Person in a locker room looking into the camera with the caption “ mamdani made taylor swift pay taxes in nyc and now the budget is balanced and there's universal childcare and this is why "but taylor donates to food pantries" will never be good enough. billionaires not paying their taxes is WHY working class people are reliant on food pantries, dumb dumb.”
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[–] 3 points 4 months ago*

It’s not how he’s doing it though. The biggest items in his balancing act are the billions of dollars in state aid and regulatory exemptions he’s called in, the deferral of pensions contributions for 5 years, punting key policies down the road to 202X and an accounting quirk that saw NYC over-estimate the number of employees it would have this FY to the tune of $1.3bn in non-existent salaries. So he did bring $500m in extra taxes, and he negotiated state aid, but mostly it seems to be abot not doing things, and taking the credit for coincidences.

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