Ep. 3944 Mamdani in SHOCK as Tax Hikes BACKFIRE!!!
May 8, 2026
17 min
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960 of 1,028
Episode 3944 · May 8, 2026
Ep. 3944 Mamdani in SHOCK as Tax Hikes BACKFIRE!!!
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Dr. Steve Turley Episodes Around May 8, 2026
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Ep. 3944 Mamdani in SHOCK as Tax Hikes BACKFIRE!!!
Summary
<p><span>New York City's ultra-socialist mayor faces a severe backlash after attempting to implement a luxury property tax aimed at wealthy non-residents. The move triggered an exodus of major financial firms, including Citadel, with CEO Ken Griffin announcing the halt of a massive construction project in the city. As the mayor's approval ratings plummet and New York's budget deficit deepens, the implications of taxing the rich are becoming increasingly evident, showcasing a stark contrast between blue and red states in attracting business and investment. </span></p><p><span>–</span></p><p><span>BlockTrustIRA’s patriotic AI platform brings Trump-era prosperity to hardworking Americans through sophisticated crypto investing. Get up to $2,500 in bonus crypto at https://turleytalkscrypto.com/</span></p><p><span>*The content presented by sponsors may contain affiliate links. When you click and shop the links, Turley Talks may receive a small commission.*</span></p><p><br /></p><p><strong>Highlights:</strong></p><ul><li><span>"Taxing the rich drives financial firms out of New York City." </span></li><li><span>"Citadel's halted construction project signals a major business migration to Miami." </span></li><li><span>"JP Morgan's workforce decline in New York illustrates broader economic shifts to Texas and Florida." </span></li><li><span>"The mayor's tax strategies threaten to exacerbate New York's already significant budget deficit." </span></li></ul><p><span>–</span></p><p><span>Thanks for tuning in! Loved the episode? Subscribe and leave a review to help us keep these conversations going. </span></p><p><span>Follow me on X: </span><a href="https://x.com/DrTurleyTalks" rel="nofollow">https://x.com/DrTurleyTalks</a></p><p><span>Want more insight like this? Sign up for Patriot Alerts—my FREE daily newsletter and weekly wrap-up: </span><a href="https://turley.pub/AlertPatriot" rel="nofollow">https://turley.pub/AlertPatriot</a></p><p><em>**The use of any copyrighted material in this podcast is done so for educational and informational purposes only including parody, commentary, and criticism. See Hosseinzadeh v. Klein, 276 F.Supp.3d 34 (S.D.N.Y. 2017); Equals Three, LLC v. Jukin Media, Inc., 139 F. Supp. 3d 1094 (C.D. Cal. 2015). It is believed that this constitutes a "fair use" of any such copyrighted material as provided for in section 107 of the US Copyright Law.</em></p><br /><br />Advertising Inquiries: <a href="https://redcircle.com/brands">https://redcircle.com/brands</a><br /><br />Privacy & Opt-Out: <a href="https://redcircle.com/privacy">https://redcircle.com/privacy</a>
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