Zohran Mamdani Proposes Taxing 'Whiter Neighborhoods' in NYC

[tulipsandroses]

87. I'm confused. This is about property tax. Poor people own property in more affluent neighborhoods?

In the context of where and how this was said. What do you say about the inequities of property taxes in poorer neighborhoods that happen to be mostly minority neighborhoods? All of that was skipped over by Newsweek.

Why does the City tax family homes in Black and Latino neighborhoods like Jamaica,
Brownsville, and Tremont more than it does in wealthier neighborhoods of the city? Why
are luxury condos and co-ops significantly underpaying taxes while moderately priced
condos and coops foot the bill? The answer lies in our arcane property system, which
generates 45 percent of the City’s tax revenue but is inequitable and inconsistent.

https://drive.google.com/file/d/1iGn9ws9Ds0x_3kkB1tdM2pxLlbkPtT0k/view

This pearl clutching and hand wringing is completely unnecessary. - Unless you just don't care that minorities have been getting shafted.

New Report: New York’s Unfair Property Tax System on its 50th Birthday
The Community Service Society and the Progress and Poverty Institute Unveil Landmark Study on a half-century of Tax Inequities

The Community Service Society of New York (CSS) and the Progress and Poverty Institute (PPI) have released a report, "Footing the Bill: Fifty Years of NYC Overtaxing Tenants, Towers, and Low-Income Communities of Color." Marking the 50th anniversary of the Hellerstein v. Town of Islip decision, which forced a restructuring of NYC’s property tax code, the report exposes how the system has since evolved into a regressive and inequitable framework that disproportionately burdens renters, communities of color, and large multifamily buildings.

https://www.cssny.org/news/entry/new-report-new-yorks-unfair-property-tax-system-on-its-50th-birthday