Glenn Beck: Think NYC is ruined now? Wait until you hear about Mamdani’s newest proposal.
Glenn Beck criticized New York City Mayor Zohran Mamdani's latest proposal, warning it could worsen the city's financial and social challenges. The plan, which involves expanding the passthrough entity tax, is framed by supporters as a way to ensure the wealthy pay their fair share, but Beck argues it will drive away businesses and high earners. Beck warned that such policies could accelerate NYC's decline, especially if paired with a failure to balance the budget.
- ▪Zohran Mamdani proposed expanding the passthrough entity tax in NYC.
- ▪Glenn Beck claims the tax could drive out businesses and high-income residents.
- ▪The proposal is part of a broader 'tax the rich' approach to address the city's budget crisis.
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