Socialist New York City bites the hand that feeds it
The article discusses the growing hostility towards successful financiers in New York City, particularly from the newly elected socialist mayor and other leftist politicians. These officials criticize the wealthy for not contributing enough in taxes, despite their significant contributions to the city's economy and charitable causes. The piece also highlights the rise of socialist sentiments among younger Americans and the efforts of organizations like the Victims of Communism Memorial Foundation to educate about the dangers of socialism.
- ▪The new socialist mayor of New York City has publicly criticized wealthy financiers for not paying enough taxes.
- ▪Two-thirds of Americans under age 30 have a favorable view of socialism, indicating a shift in political sentiment.
- ▪The Victims of Communism Memorial Foundation aims to educate about the history and dangers of Marxist socialism.
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These must be utterly baffling times for the successful, public-spirited financier in New York City. You’ve made your living not by snatching bread from the mouths of widows and orphans or otherwise exploiting the masses, but by producing consistent returns and financial security for your many grateful clients. Your company has generated billions in economic prosperity for the city, with all the concomitant property and income tax revenue. And you’ve dedicated your life not just to doing well but to doing good. You lavishly fund all sorts of local and national worthy causes (medicine, education, the arts) with donations totaling hundreds of millions of dollars. Recommended Stories The psychedelic Ibogaine helped me heal after combat Plaintiffs’ bar v.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Washington Examiner.
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