Greedy unions are joining socialists like Mamdani | Latest News

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Greedy unions are joining socialists like Mamdani – Latest News

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Don’t idiot your self into considering the still-small Democratic Socialist motion is the actual drive seeking to ship taxes into the stratosphere: The main menace stays public-sector unions, in New York and throughout the nation.

And whereas the unions speak about “economic justice,” their important motive is their own greed.

Take a close have a look at Wednesday’s Tax the Rich rally in Albany.

Its backers embrace the UAW Local 9A (largely public-sector, not auto, staff), CUNY college’s Professional Staff Congress and the New York State Nurses Association — all unions masking authorities or nonprofit workers — or union entrance teams like the Alliance for Quality Education, the Strong Economy for All Coalition and the Working Families Party.

Strong Economy for All, for instance, contains 1199 SEIU-United Healthcare Workers East, the Municipal Labor Council, New York State Teachers Union, the United Federation of Teachers, 32BJ-SEIU and more.

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(Notably, Strong Economy’s chief is Michael Kink, a UFT “supervisor” who hauls in a candy $210,980 a yr.)

All these outfits revenue from larger authorities, even once they’re technically non-public sector, as with the health-care unions — and so wish to tax a lot more than simply the wealthy.

Thus, whereas Democratic Socialist poster boy Zohran Mamdani backs the motion, and co-sponsored the invoice pushed on the rally, his large tax-hike ask as mayor is much less formidable.

He desires levies raised simply two share factors on high incomes; Tax the Rich-backed payments are a lot more formidable, socking not simply millionaires however even {couples} making simply $500,000, who’d see their taxes rise a whopping 10%.

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And prime earners would face a prime price of 24% — the very best not simply in America however the world.

Would that ship many larger earners speeding out of state?

Sure — however that reduces any resistance to the unions’ energy; they’ll then feed safely on all of the wealth that continues to be.

It’s a related story with California’s wealth-tax proposal, which might slap a 5% tax on web price of $1 billion or more — i.e., $50 million in tax for each billion — on prime of all the opposite taxes billionaires pay.

That’s such a sturdy incentive for them to ditch California that even lefty Gov. Gavin Newsom opposes it.

Indeed, many would-be wealth-tax victims — PayPal co-founder Peter Thiel, Google founders Sergey Brin and Larry Page, Meta CEO Mark Zuckerberg — have reportedly already sought digs elsewhere.

But who’s behind the wealth-tax push? Again, unions that feed off authorities spending — particularly, the Service Employees International Union-United Healthcare Workers West.

We’re no followers of the Democratic Socialists; they’re unsuitable about roughly every thing — however the bigger menace (and much better-funded, because of how they feed off the public) consists of the particular pursuits the socialists so naively run cowl for.

The complete crew is pointing in the identical direction, specifically to the ruination of New York, however saving the town and state requires seeing the darkish forces behind the left-wing helpful idiots.

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Hi, I’m a passionate cryptocurrency enthusiast with 10 years of experience in the world of digital currencies. I’ve always been fascinated by blockchain technology and the potential of decentralized finance (DeFi) to reshape the financial landscape. I share insights, tips, and strategies to help others navigate the fast-paced world of crypto.

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