Mamdani Proposes Massive Estate Tax Exemption Cut From $7M To $750K, Among Other Tax Increases

New York City Mayor Zohran Mamdani is urging Albany to consider a sweeping overhaul of New York’s estate tax, proposing to sharply lower the exemption threshold and dramatically increase the top rate on large inheritances. His plan would cut the exemption from more than $7 million to $750,000 while boosting the highest tax rate from 16 percent to 50 percentBloomberg reported. 

The idea was included in a policy memo his administration recently shared with state lawmakers as they negotiate the state budget, according to NY Focus.

The estate tax proposal is one of several revenue measures Mamdani’s office has floated as the city prepares for a significant budget gap. New York City is projecting a $5.4 billion deficit for the fiscal year that begins July 1, and the mayor is asking state officials to help identify new sources of funding to help close the shortfall.

Among the other proposals is a narrower package of business tax increases aimed specifically at companies operating in the city. The administration estimates those changes could generate about $1.75 billion annually. Under the plan, the city’s corporate tax rate would rise to 10.8 percent for financial firms and to 10.62 percent for other corporations, while the tax on large unincorporated businesses would increase modestly for firms earning more than $5 million.

Mamdani is also proposing to scale back the Pass-Through Entity Tax credit, which currently allows certain business owners to use company tax payments to fully offset what they owe in personal income taxes. Limiting that credit to 75 percent of its value would produce roughly $700 million a year, according to city estimates. The mayor continues to advocate for raising the local income tax rate on residents earning more than $1 million annually, a measure projected to bring in about $3 billion each year.

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Mamdani ‘Comforts’ NYC Muslims After Outbreak of ‘Islamophobia’

New York City’s far-left Gothamist has the sads, because when one member of the left’s conglomeration of haters, traitors, freaks, parasites and psychopaths suffers, the whole coalition of the weird suffers. This time, however, there is a silver lining: one of the bright stars of the contemporary left, New York Mayor Zohan Mamdani, is on the case. 

The Gothamist headline on Friday was: “’We are enough’: After Islamophobic attacks, Mamdani comforts NYC’s Muslim community.” That’s superb, but left unanswered was the question of who comforts the victims of the nationwide Muslim community when some members of that community decide it’s time to wage jihad. 

Gothamist stated that “just hours before he was set to speak at an event marking Ramadan, Mayor Zohran Mamdani realized he needed to overhaul his prepared remarks.” This was because “in the last few days, Mamdani and Muslims throughout the country had been subjected to a torrent of Islamophobia.”

In discussing this alleged “torrent of Islamophobia,” Gothamist did not see fit to remind its readers — or inform them for the first time, since these are leftists we’re talking about — that there have been four jihad attacks in the U.S. in the last two weeks. Ramadan, after all, has been called the “month of jihad,” and with good reason. This year, the festivities began on March 1, when a Muslim migrant opened fire in a bar in Austin, Texas, killing three people and injuring 13 others.

Then on March 7, two Muslims screaming “Allah akbar” threw a homemade shrapnel bomb at a crowd of pro-freedom protesters in New York City itself, the home of Gothamist and Zohran Mamdani. Then on March 12, a Muslim crashed his car into a Michigan synagogue and opened fire, while another Muslim started shooting at Old Dominion University, murdering one person and injuring two others.

Steadfastly ignoring all this and much more that might lead the potential victims of more such attacks to be suspicious of Islam or even dislike it outright, Gothamist quoted Mamdani addressing a crowd of Muslims who had gathered at City Hall for an iftar dinner: “When I hear such hatred and disdain unchecked in its rancor, I feel an isolation and a loneliness that I know that many of you have felt as well.”

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‘Heinous’ thug accused of shoving 83-year-old military vet onto NYC subway tracks was deported 4 times, charged 15 times: DHS

The “heinous” male accused of shoving an 83-year-old military veteran off a New York City subway station platform and onto the train tracks last weekend was deported four times and has 15 prior charges on his record, the Department of Homeland Security said.

DHS on Thursday added that Immigration and Customs Enforcement has asked New York authorities not to release illegal alien suspect Bairon Posada-Hernandez, whom Deputy Assistant Secretary Lauren Bis called a “heinous” and “serial criminal” who “should never have been able to walk our streets and harm innocent Americans.”

Posada-Hernandez was arrested for attempted murder Tuesday in connection with Sunday’s incident, during which he also allegedly pushed a 30-year-old man onto the subway train tracks, the agency said.

DHS said ICE on Tuesday placed a detainer on Posada-Hernandez, a Honduran national. Bis added that “DHS is calling upon New York sanctuary politicians to commit to this ICE detainer.”

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As NYC Considers a $30 Minimum Wage, Business Owners Are Warning About the Consequences

New York City stands to make a decision about its minimum wage that can only hinder growth, create layoffs, and result in price hikes.

City Council recently introduced a bill to set the minimum wage at $30 per hour. Democratic City Councilwoman Sandy Nurse put the “$30 for Our City” legislation forward, WPIX reported on Tuesday.

The outlet laid out the wage hike scheme from the bill.

Businesses and franchises that employ more than 500 people must pay $20 an hour in 2027, $23 in 2028, $26 in 2029, and $30 by 2030.

Small employers have a different road map, with a $19 minimum in 2027, $21.50 in 2028, $24 in 2029, $27 in 2030, and $29 in 2031.

The increase would include a cost-of-living adjustment and yearly hikes that account for inflation.

According to The Wall Street Journal, Melissa Fleischut, president of the New York State Restaurant Association, anticipating one of the consequences of this potential change, said that “we feel like we’re at a tipping point with consumers” with respect to price increases that would offset higher wages.

“There’s only so much you can charge for a slice of pizza or a cheeseburger,” she added.

The Wall Street Journal also reported comments by Moe Chan, who has a coffee and tea company in Queens: “As much as I would like to pay $30, we don’t have money.”

According to the New York state government website, the minimum wage for the city is set at $17, seeing a $0.50 increase at the beginning of 2026.

Although The Wall Street Journal said food delivery drivers who make $21.44 under other regulations are not impacted, 1.68 million workers stand to see an increase. The outlet said Democratic Mayor Zohran Mamdani — unsurprisingly — supported the $30 wage during his campaign.

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CNN’s Hack Abby Phillip Forced to Issue Humiliating On-Air Correction After FALSELY Claiming Islamist Terror Attack in NYC Targeted Socialist Mayor Mamdani

Far-left host Abby Phillip was caught red-handed spreading a massive lie this week, forced into a humiliating on-air correction after she shamelessly lied about an Islamist terror attack in New York City.

In a desperate attempt to smear House Republicans, Phillip claimed that an ISIS-linked bombing was targeted at NYC’s socialist Mayor Zohran Mamdani.

As The Gateway Pundit previously reported, the chaos unfolded on Saturday when 18-year-old Amir Balat and 19-year-old Ibrahim Nick, launched homemade bombs during an anti-Islam protest organized by former January 6 political prisoner Jake Lang, who was pardoned by President Trump last year.

According to the New York Post, authorities said the homemade device was constructed using sports drink bottles packed with triacetone triperoxide (TATP)—a highly unstable explosive widely favored by terrorists and often referred to as the “Mother of Satan.”

Federal authorities are digging deeper, revealing that these aren’t just misguided kids; they’re part of a broader network with alarming links to foreign radicals.

Following the attack, Rep. Andy Ogles (R-TN) responded with an extremely provocative comment that infuriated the left: Muslims do not belong in the United States.

“Muslims don’t belong in American society,” Ogles wrote on X. “Pluralism is a lie.”

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Far-Left CNN Hack Abby Phillip Panics After Going Viral for Spewing This MASSIVE Lie Regarding the NYC Islamist Terror Attack

CNN’s leftist host Abby Phillip sparked national outrage last night after uttering a huge lie about last weekend’s terror attack in New York City before trying to backtrack in a panic.

As The Gateway Pundit reported, two male Islamist terrorists linked to ISIS threw a homemade bomb in an attempt to kill protesters at an anti-Islam rally outside Mayor Zohran Mamdani’s official residence on Saturday. The bomb was laced with metal and powerful explosives, according to the New York Times.

Fortunately, no one was injured in the incident.

One of the men screamed “Allahu Akbar!” while getting arrested.

Following the attack, Rep. Andy Ogles (R-TN) responded with an extremely provocative comment that infuriated the left: Muslims do not belong in the United States.

“Muslims don’t belong in American society,” Ogles wrote on X. “Pluralism is a lie.”

This remark came less than one month after Rep. Randy Fine (R-FL) set the Internet on fire with his comments toward a Muslim leftist who called for banning dogs as indoor pets.

“If they force us to choose, the choice between dogs and Muslims is not a difficult one,” Fine wrote.

Phillip seemingly saw an opportunity to smear Fine and Ogles while insinuating they were partly to blame for the terror attack. And she did so by outright lying about Muslim NYC Mayor Zohran Mamdani being the target.

“Two Republicans say Muslims don’t belong here after an attempted terror attack on New York City’s mayor, Zohran Mamdani. And the House Speaker, Mike Johnson, says nothing to really condemn these comments,” Phillip fibbed.

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CNN Edits Shameful Post Framing Suspected ISIS Inspired Terrorists as ‘Pennsylvania Teenagers Enjoying a Day in NYC’ After Backlash

CNN edited a shameful social media post that framed two suspected ISIS-inspired terrorists as throwing a homemade bomb in an attempt to kill protesters at an anti-Islam rally, as a couple of Pennsylvania teenagers who were out to enjoy an unseasonably warm day.

The Gateway Pundit reported that on Saturday, two male Islamist terrorists threw a homemade bomb in an attempt to kill protesters at an anti-Islam rally outside Mayor Zohran Mamdani’s official residence. The bomb was laced with metal and powerful explosives, according to the New York Times.

One of the men screamed “Allahu Akbar!” while getting arrested.

NYPD outlined what terror suspects said about their alleged ISIS inspiration after being arrested following the failed attack.

“Kayumi said in recorded, post-arrest statements that he had watched ISIS propaganda on his phone and his actions that day were partly inspired by ISIS.”

“Balat made spontaneous statements without being questioned by NYPD officers… He said, ‘This isn’t a religion that just stands when people talk about the blessed name of the prophet. We take action. We take action.’”

“As well as, ‘If I didn’t do it, someone else will come and do it.’”

“After waiving his rights, he requested paper and wrote a message declaring in part, ‘I pledge my allegiance to the Islamic State, die in your rage, you Kufar’… ‘Kufar’ is an Arabic term that refers to non-believers.”

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Zohran Mamdami Refuses to Condemn ISIS Inspired Terrorists, Blames White Supremacy Instead

Two men from Pennsylvania have been arrested after police say improvised explosive devices were thrown near protesters outside Gracie Mansion in Manhattan during a demonstration Saturday.

The suspects, identified as Ibraham Kayumi, 19, and Emir Balat, 18, were taken into custody following the incident. Authorities said the devices were later determined to be improvised explosive devices capable of causing serious harm.

New York City Mayor Zohran Mamdani addressed the incident Monday during a press conference outside Gracie Mansion, appearing alongside NYPD Commissioner Jessica Tisch.

“They are suspected of coming here to commit an act of terrorism,” Mamdani said during the briefing.

He also referenced video footage that investigators say captured the incident.

“There’s video of these two individuals throwing two devices towards the protest. The police department has determined that these were improvised explosive devices made to injure, maim, or worse.”

Mamdani added that anyone attempting to bring violence into the city would face legal consequences.

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New York Man Arrested After Being Shot in His Own Home

Long Island, New York, isn’t the most gun-friendly place in the world, but some people have guns there. Shocking, I know, but it’s true.

Still, when you have a gun, either in an anti-gun state or not, it’s imperative that you handle it safely. It’s also imperative that if you hand that gun to someone who doesn’t know how to handle it safely, you instruct them immediately.

For one guy, though, it was a rough time because he didn’t.

It seems that you can get arrested for being shot with your own gun.

Geonard Wade allegedly handed a shotgun to a 15-year-old family member at a home when the weapon accidentally discharged, shooting Wade in the arm on March 7 at 7:40 p.m. He was transported to Stony  Brook University Hospital for treatment of serious but not life-threatening injuries. The teenager was not injured and was released into the custody of family on scene.  

Wade was charged with reckless endangerment.

While I can’t find a definitive answer as of this writing, it looks like the charges stem from handing a gun to the teenager, particularly inside the home.

However, this could have been avoided.

Yes, Wade could have just not handed the kid the gun. He could have also checked to make sure the chamber was empty, then insisted the kid do the same. This is just basic gun handling, and it looks like absolutely no one did so. 

There’s also the fact that Wade, if he were versed on the Four Rules, should have insisted the gun not be pointed at anyone at any time. That clearly didn’t happen, nor did the insistence that booger hooks remain off the bang switch.

Wade is likely to recover, at the wound was to his arm and didn’t hit anything vital, apparently. That’s good news. I’m sure he won’t do that again.

Then again, it looks like he’s looking at felony charges, as this was apparently reckless endangerment in the first degree, which is a Class D felony in New York.

So he got shot with his own gun in his own house, apparently, and now he’s looking at losing his gun rights on top of everything else.

On the one hand, stupid should hurt, and it should hurt badly. This most definitely qualifies.

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NYC medical examiner hesitated on ruling Epstein’s death a suicide due to so many ‘people wanting to kill’ him

The medical examiner who performed an autopsy on Jeffrey Epstein waited to rule his death a suicide because so many people wanted him dead. 

Dr Kristin Roman’s thoughts on the autopsy came to light after Epstein’s brother hired  Dr Michael Baden, who claimed the billionaire pedophile’s death needs to be reinvestigated as a homicide.

Roman delayed her ruling of suicide in an effort of ‘being thorough,’ a newly-released interview with the Department of Justice revealed. 

She told the DOJ for their investigation into Epstein’s death that the financier’s infamy was the reason the held off on her decision.

‘If he had been a less high-profile person who there weren’t people wanting to kill, I would have probably called it a hanging on the day of autopsy,’ Roman said, in an interview conducted in May of 2022.

‘It was pretty clear cut,’ she said, claiming the death was a suicide. 

She came to her conclusion being able to look at photographs from his cell at the Metropolitan Detention Center following her delay.

However, she was not allowed to speak to any correction officers or visit the cell. She claims that this was not a factor in her decision.

‘It would have been more for completeness rather than a big factor in making the determination.’

‘Was he fully hanging? Where was he hanging? That kind of stuff,’ Roman said of what she was trying to find out. 

Baden said in February that he is unconvinced by the conclusion of the New York Medical Examiner’s Office that the American millionaire took his own life while awaiting trial on sex trafficking charges.

He reiterated to Business Insider on Friday that he believes it was a homicide. While the doctor did not carry out the post-mortem himself, he was present during the examination and acted as an observer on behalf of Epstein’s family.

Where Roman and Baden disagree is on a series of fractures in Epstein’s neck which Roman said supports a suicide and are not the breaks you would see on someone who had been strangled. 

Baden, however, said that he’s only seen three fractures in a suicide by hanging in his 25 years working for the city as a medical examiner or in his decades working for the state overseeing prison deaths. 

‘That doesn’t mean it can never happen, but it sure as hell is very rare if it happens,’ he said.

One advantage Roman had was being able to see the nooses found in Epstein’s cell, which Baden did not get to see. 

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