The Ring of Fire
The Ring of Fire
@theringoffire·1.4M subscribers·27K videos

Mamdani Tax Just TERRIFIED Billionaires, They're Lashing OUT

Posted

May 7, 2026

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8,879

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1,263

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167

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A billionaire real estate mogul and longtime Trump ally compared “tax the rich” rhetoric to racial slurs after New York proposed a tax on luxury second homes worth over $5 million. The meltdown says everything about modern trickle-down economics, decades of wealth hoarding, stagnant wages for everyone else, and billionaires acting persecuted the second someone asks them to contribute back to the cities that made them rich. Ring of Fire's Josh G. explains.

Mamdani video

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Mamdani Tax Just TERRIFIED Billionaires, They're Lashing OUT · The Ring of Fire · Sentinel