this post was submitted on 12 May 2026
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Who would have thought taxing the rich improves everyone's lives?
Nah, they just got lucky. We absolutely cannot keep trying this, because it's doomed to fail. Capitalism is the only system that works.
This isn’t from taxing the rich, this is from deferring payments to city pension funds, delaying class size reductions and other schemes, and taking a huge wad of cash from state aid. And $1.2bn gained because NYC had fewer employees than expected this year. So it’s a one-time deal rather than a sustainable policy.
If we tax the rich they will all move away to other countries then we will be left here with just the people who do all the work. We will never survive
No need to seize the means of production if they simply abandon it...
I say let's try it elsewhere, just to prove those despicable commies it was absolutely a fluke.
This is capitalism though, like, fully and throughout.
Capitalism and taxing the rich are not opposing each other.
The problem with a statement like this is it is technically, academically true. However, in practice, it may as well be carved in stone. A system where fewer and fewer people accumulate more wealth and power is going to eventually put them above taxes, above the laws of nations 99/100. In Capitalism 2.1 that is a whispered goal.
Furiously taking notes
~~Leftist unity good as long as you join me~~
Leftist... Unity... Bad... Actually.
Think I got it.
ooo, that rhymes with tuba
I cant believe an organization exists to improve lives based on decades of research, theory, and global practice in a system propped up by propaganda. God forbid we have democracy in the workplace. Workers are too stupid to own the means of production. Its better when those with the most capital can much more easily accumate more. That benefits everyone because it puts the brightest (ie wealthiest) people in charge, driven solely by their altruism. Capitalism has proven to be the best system ever developed.
I'm a communist dumbass. Do you think I made that comment, thinking it's a bad thing???
But he did it by not adding more money to your pension programs. The tax the rich part only made about 5% on the gap
You mean city employee pensions. That is roughly 750,000 people. Id rather the pension lose city contributions than multiple programs that effect the average NYC tax payer.
Yes i agree, fuck those city workers. They don't need a retirement.
Your sarcasm is too vapid. You need more wit. The employee is still contributing. The pensions are 84% funded which is well above the avg pension program. And the city will continue contribution after correcting the sabotage Adams caused.
It's kind of amazing how many people don't understand that requiring excessive pension liquidity is a conservative strategy to kill tha viability of pensions. Relentless conservative media has completely broken us.
Conservatives will tell you that tax breaks for the rich pay for themselves through growth, but government pension funds can't be invested in infrastructure for the same reason.
you're right, now I understand that firing about a hundred thousand people and cutting all city services would have been better.
Or you can kick the can down the road and hope you have enough money later, but don't worry that is a problem our kids will pay for.