New York City Mayor Zohran Mamdani has new plans to meet the $5.4billion budget deficit – and capitalists everywhere are furious.

On April 15, Mamdani and Gov. Kathy Hochul announced a new proposal for a “pied-à-terre tax,” which aims at charging owners of one- to three-family homes worth $5 million or more for having secondary residences in New York City.

“Our administration is fighting every day to make sure we address this fiscal deficit fairly, where the wealthy contribute what they owe and our budget reflects our commitment to the working New Yorkers being priced out of our city,” Mamdani said in a statement.

While progressives are celebrating the implementation of “tax the rich” policies, others are losing their minds over the possibility of people paying a tax on their multimillion dollar vacation homes and investment properties.

“Anyone who gets excited about other people getting taxed more is a pathetic, greedy little person and a bad American,” X user........

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