Zohran Mamdani Gets Positively Giddy About Taxing The Rich

Here in New York, our new Socialist Mayor Zohran Mamdani ran on a platform of “taxing the rich.” But that leaves a question to which the answer up to now has not been completely clear: Does Mamdani advocate taxing the rich because he thinks it is good tax policy, or does he advocate taxing the rich as a way to take revenge and punish a group he thinks of as predators and oppressors? Currently the New York Legislature and Governor are in the midst of their annual budget negotiations, in which one of the issues is whether Mamdani will be...