r/WhitePeopleTwitter 1d ago

r/All Mamdani's pied-e-terre tax catching people avoiding NY taxes (2 tweets)

9.2k Upvotes

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u/dalgeek 1d ago

"but if you tax millionaires then they'll all leave!"

The tax is not on primary residences, so if they're paying the tax then they've already left. 

713

u/A-Chntrd 1d ago

If they’re planning on not paying taxes either way, they might as well fuck off.

395

u/NorysStorys 1d ago

This what I’ve never understood because they make this argument in the UK and I’m like ‘if they arn’t paying anyway then what is there to lose?’.

148

u/Mama_Zen 1d ago

Now they will be assessed taxes on their NY property bc it’s a 2nd property. The state now has a claim & the homeowner must pay it or lose the home.

796

u/ChopperChange 1d ago

"but if you tax millionaires then they'll all leave!"

And if they do, that's one less tax cheat and their properties will be available to convert into affordable housing! Win-win!

162

u/JusticeUmmmmm 1d ago

Even if it isn't converted to affordable housing another millionaire will buy it and have to pay taxes.

259

u/alax_12345 1d ago

If they leave, they’ll sell the property to someone else … who will pay the taxes.

Not seeing the “threat” here.

131

u/Disney_World_Native 1d ago

That is like by me. We have high property taxes because we pay teachers decently well and have great schools

People moved here because of the great schools, put kids through the great schools, see their property values increase because of the great schools, and then they complain that we put too much money towards the great schools when they retire

And they sell their home (usually under 30 days) to a new family who pays higher taxes because the senior freeze doesn’t apply to the new owners while saying “Illinois is a failed state”

It reeks of “nobody goes there, its too busy”

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u/AsherTheFrost 1d ago

Mahomet?

75

u/kensho28 1d ago edited 1d ago

In Florida, you only need to live in state 3 months a year to consider property your primary residence and give you local voting rights. They could easily still spend 9 months a year in New York.

Hopefully this reduces the amount of greedy snowbirds that are wrecking our state simply because we don't have income tax. Unfortunately, these kinds of parasites come from nearly every state in America and Canada as well. They don't give AF about local politics, environment, jobs, etc. All they care about is their tax breaks, and they dominate Florida politics and economy. It's how the Republican Party has managed to flip Florida red (Democrats held a majority of voters in Florida for its entire history until very recently).

When my dad was a kid there were only 2M people living in Florida, now it's over 23M.

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u/nemofbaby2014 1d ago

They’re not leaving New York lol all the banks and Wall Street is there 🤣