this post was submitted on 27 Jun 2025
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What's hochuls net worth?
Over 3million? Hrmmm I wonder why she's not on the fun bus.
Honestly Mamdani should start telling rich people that they will benefit from these taxes too. Less homeless people and drug addicts by giving them housing and drug clinics or something.
They care about profits short term, very few large companies competently plan long term.
If they thought about it for a minute yes it's more costly for like a generation and the next generation is cheaper and the generation after that cheaper still. Combine that with a healthier population you end up with more production for less cost and specifically less risk to business because work comp wouldn't need to exist.
They care about individual profits. If everyone contributes their fair share, but billionaires don't contribute, they have more profit. But society is currently falling apart because they don't contribute their fair share, and now billionaires whine about it falling apart.
In either situation the solution is universal healthcare because profits would increase either way just not immediately, these billionaires never die so it's not like they wouldn't see the backend increase before they die.
3 million isn't even wealthy anymore
Wealthy enough to care about taxes and enough to not pay them.
Honestly 3mil doesn't give you access to the really good tax options like running a charity or multistate cattle ranch