Tag: taxes

Staggering 8-figure sum NYC taxpayers will pay to fund Mamdani’s first city-owned grocery revealed

Zo’s cheap groceries will cost taxpayers a pretty penny.

Mayor Zohran Mamdani’s first-unveiled city-owned grocery store will cost a staggering $30 million to build from the ground up at East Harlem’s longstanding La Marqueta, officials confirmed – as local grocers worried it’d gobble up their business.

The new grocery at the  longstanding city-owned La Marqueta marketplace will run with a yet-to-be-picked operator reaping the benefits of a rent- and tax-free deal, City Hall officials told The Post on Monday.

Mamdani envisions that the low-cost deal — which he anounced during a Sunday celebration of his first 100 days in office -– will allow the grocery’s operator to pass on savings to hardscrabble New Yorkers reeling from foodstuff sticker shock, but neighboring grocer Abdul Shaher had doubts about its efficiency based on the exorbitant $30 million upfront cost.

“How can they manage something like that? A small supermarket?” said Shaher, who owns and manages Healthy Choice near La Marqueta, laughing with disbelief. 

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We spend (borrow) $22 billion every week to pay interest on National Debt — just the freaking interest. National Debt grows by $6 billion every day.

The problem with an increasing debt burden is that it costs more to maintain it: This is precisely the issue with which the U.S. Treasury is wrangling at present. As total U.S. national debt ticks over $39 trillion, the interest payments on that value are eye-watering: $529 billion for the first six months of the current fiscal year.

A new budget update from the Congressional Budget Office (CBO) released yesterday highlights that the government—according to preliminary estimates—paid out the near $530 billion between October 2025, when the fiscal year starts, and March 2026. This equates to more than $88 billion in interest payments a month, or more than $22 billion a week.

That means the service payments on public debt are roughly equal to spending for the same period on both the Department of Defense’s military budget and the Department of Education. These two outlays contribute costs of $461 billion and $70 billion respectively.

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NYC Communist Mayor Zohran Mamdani Hosts Self-Congratulatory Party as Agenda Unravels

New York City Communist Mayor Zohran Mamdani is facing growing backlash after throwing an elaborate, self-congratulatory celebration marking his first 100 days in office, while many of his biggest campaign promises have already unraveled.

The event, held at a large venue in Queens, was framed as a celebration of “progress.” In reality, it raised serious questions about priorities inside City Hall.

Mamdani not only delivered a speech praising his own leadership but also leaned heavily on the same socialist rhetoric that defined his campaign, doubling down rather than addressing mounting concerns about performance.

“I was elected as a Democratic socialist, and I will govern as a Democratic socialist,” Mamdani declared, reiterating a message that continues to divide voters across the city.

The optics only grew more questionable from there. The event featured what attendees described as a “100 days museum,” complete with staged displays celebrating minor accomplishments—such as pothole repairs and symbolic policy announcements.

At one point, even a fast-food wrapper from a public appearance was reportedly included in the exhibit.

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Degrees of Seriousness on the National Debt

We hit an ignominious milestone recently when the national debt crossed $39 trillion. Naturally, regular citizens have chimed in about what’s to blame, who’s at fault, what can be done, or whether it even matters.

The discussion usually takes one or more of the following shapes.

If you’re new to the conversation, just dipping your toes in for the first time, you might think we can simply cut defense spending, or eliminate “waste, fraud, and abuse.” Considering how many military bases we have around the world, that’s a legit angle.

Likewise, when you factor in the Pentagon’s numerous failed audits and run-of-the-mill household items running into the thousands of dollars, you could kill two birds with one stone.

We’re just scratching the surface here, though.

If you’re somewhat serious, in addition to those, you would do well to point out discretionary spending. Those are monies that Congress approves annually, such as farm subsidies, spending on education and housing, etc. The nearly trillion-dollar defense budget is part of it.

However, all told, such spending barely makes up a quarter of the overall budget—if that.

If you’re more serious, you could include all the aforementioned items, plus the programs on autopilot: Social Security, Medicare, and Medicaid. They are the three biggest items in the federal budget, eating up over half.

Interest on the debt, another expenditure on autopilot, recently overtook defense as the fourth largest item—but cannot be tackled directly. Only by addressing all the rest will that one be pushed down in the process.

Social Security’s financial health has been feeling the strain of an ever-growing number of beneficiaries and a declining birthrate.

By some estimates, what is in the Social Security Trust Fund will be insufficient to pay benefits within the next decade.

Regarding health insurance, its very structure is handicapped by its third-party payer nature. When consumers don’t know the actual price of the service they’re receiving, they’re less judicious in their spending.

Most Americans choose a low-deductible insurance plan where, after a visit or two to the doctor, all they pay is a $20 or $50 copay. Few have an idea of what the full menu of prices is for medical services.

At that point, general tax revenue, i.e., what comes out of your federal tax withholding, will be tapped to make up the difference.

One of the few less efficient enterprises than that is the government. That it is the genesis of Medicaid and Medicare exacerbates the problem.

Regardless, you know that you’ve encountered someone very serious about debt and deficits when he discusses attacking it at its root: the government’s ability to service it.

Investors (remember to check your 401k) will continue to buy US Treasurys if they believe Uncle Sam will continue to have the ability to pay the interest. That ability rests on the taxing power it has over productive citizens.

So, why not cut tax rates and reduce that ability?

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US appeals court declares 158-year-old home distilling ban unconstitutional

A U.S. appeals court on Friday declared unconstitutional a nearly 158-year-old federal ban on home distilling, calling it an unnecessary and improper means for ​Congress to exercise its power to tax.

The 5th U.S. Circuit Court of ‌Appeals in New Orleans ruled in favor of the nonprofit Hobby Distillers Association and four of its 1,300 members.

They argued that people should be free to distill spirits at home, whether as ​a hobby or for personal consumption including, in one instance, to create ​an apple-pie-vodka recipe.

The ban was part of a law passed during ⁠Reconstruction in July 1868, in part to thwart liquor tax evasion, and subjected violators ​to up to five years in prison and a $10,000 fine.

Writing for a three-judge panel, ​Circuit Judge Edith Hollan Jones said the ban actually reduced tax revenue by preventing distilling in the first place, unlike laws that regulated the manufacture and labeling of distilled spirits on which ​the government could collect taxes.

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Mamdani pushed combined $23B worth of new NYC taxes in just his first 100 days

The past 100 days have been a taxing experience.

Mayor Zohran Mamdani has backed new taxes during his short time in office that would squeeze a combined at least $23 billion out of even middle-class New Yorkers — despite his campaign pledge to only hike levies on the rich.

The democratic socialist campaigned on a freebie-filled agenda he contended could be funded by taxes on Big Apple millionaires and the largest corporations.

Once in office, Mamdani largely shifted his tax talk toward the need to fill a budget shortfall he initially said was $12 billion, but eventually revised down to $5.4 billion.

He even threatened an across-the-board nearly 10% property tax increase citywide if he didn’t get his “tax the rich” wish. And he accused City Council Speaker Julie Menin, a moderate Manhattan Democrat, of preferring to back cuts to city services rather than supporting his tax schemes — moves that baffled lawmakers and insiders.

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America Last: War Abroad, Tyranny at Home—and the Theft of a Nation

“We’re fighting wars, we can’t take care of … daycare, Medicaid, Medicare, all these individual things… We have to take care of one thing: military protection.”—President Donald J. Trump

Every bomb dropped abroad is a bill sent home.

Every war waged in the name of “security” is paid for by Americans who go without—without affordable healthcare, without stable housing, without a government that prioritizes their well-being.

As the U.S. pours trillions into endless wars and military expansion, Americans are left paying the price—not just in dollars, but in lost freedoms and eroded constitutional protections.

This is not national defense.

This is organized theft.

While Americans struggle with rising gas prices, soaring grocery bills, and mounting debt—fueled in part by reckless tariffs and preemptive wars—the federal government is spending money it doesn’t have on military expansion, foreign conflicts, and presidential excess.

This is not America First.

If anything, it is becoming painfully clear that Donald Trump’s “America First” approach to governing puts America last every time.

Trump has not made it a priority to rebuild America’s crumbling infrastructure. He has not made it a priority to invest in innovation or ensure that the nation remains competitive in a rapidly advancing technological world. Nor has he shown much concern for caring for veterans, the elderly, or the young.

Instead, the government is cutting back on programs that make Americans healthier, smarter, and more secure—while the president builds monuments to himself and indulges in a taxpayer-funded lifestyle of staggering excess.

Despite once claiming he would be too busy to play golf, Trump is on track to leave taxpayers with a bill exceeding $300 million in travel and security expenses—much of it tied to frequent trips to his Florida properties. Each visit to Mar-a-Lago costs an estimated $3.4 million.

Meanwhile, taxpayers are shelling out $273,063 per hour to keep Air Force One in the air.

And while millions of Americans struggle to afford basic necessities, Trump is demanding $377 million—an 866 percent increase—to renovate the White House residence.

But these excesses, outrageous as they are, pale in comparison to the true cost of this administration’s priorities: war.

The Trump administration has requested $1.5 trillion for its FY 2027 military budget—separate from an additional $200 billion in emergency funding for the war in Iran.

The sitting president of the United States is spending money that is not his to spend in order to fight endless wars unauthorized by Congress that do nothing to protect the American people or our interests, while insisting that the federal government’s only priority should be the military industrial complex.

In addition to increasing the budget for the military, prisons, nuclear weapons, and a weaponized Justice Department, the Trump administration has also proposed budget cuts of $73 billion to non-military programs—slashing funding for medical research, public schools, and low-income heating assistance, as well as cuts to affordable housing, job training, small-business lending, anti-poverty programs, agriculture, NASA, research in social sciences and economics, humanitarian assistance and global health programs, among others.

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FRAUD FUGITIVE ON THE RUN: $11M Medicaid Scam Suspect Flees U.S. Before Trial After Posting Bond — Critics BLAST Tim Walz’s “Soft-on-Crime” System for Letting Him Keep Passport

In another jaw-dropping example of Minnesota’s collapsing justice system under far-left Governor Tim Walz, a major fraud kingpin in the state’s largest-ever Medicaid scam has skipped the country, just days before his high-profile trial was set to begin.

Abdirashid Said, the top defendant in a sprawling $11 million personal care assistant (PCA) fraud scheme, is now a fugitive after skipping a scheduled pretrial hearing in Hennepin County.

The trial, expected to last weeks and expose a massive web of fraud targeting taxpayer-funded Medicaid programs, has now been abruptly canceled.

According to reporting from KARE 11’s Lou Raguse, Said had been facing serious charges including racketeering, aiding and abetting theft by swindle, and perjury.

Prosecutors alleged he played a central role in a coordinated scheme involving PCA companies that billed Medicaid for services that were never performed, effectively siphoning millions from taxpayers.

Said had already been convicted of fraud in a previous scheme and was ordered by a judge NOT to work for any company receiving Medicaid funds, KARE 11 reported.

Yet he allegedly continued the grift, complete with perjury on the witness stand, where he claimed massive checks were just “loans and gifts” to pay off prior restitution.

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Welfare Loophole That Lets Millionaires Get Food Stamps

Rob Undersander is a millionaire. He also received taxpayer-funded food stamps. His story illustrates an absurd – and intentional – loophole in America’s welfare system that taxpayers need closed immediately.

Rob applied for food stamps in 2016. A Minnesota resident, he clearly exceeded the program’s asset limits. But in the application process, he was deemed eligible to receive a brochure on domestic violence services, which under state policy allowed him to receive food stamps. Three weeks later, his first food-stamp benefits arrived in the mail. The taxpayer cash arrived like clockwork for the next 19 months, ultimately amounting to more than $6,000. (Rob only did this to prove the system was broken, and instead of keeping the money, he donated every penny to charity.)

It’s no accident that despite being a millionaire, Rob received welfare payments that are supposed to be for the truly vulnerable. The federal government and states have conspired to create a system that intentionally bypasses the program’s eligibility standards. Call it fraud by design.

Federal law establishes two ways to qualify for stamps – either by meeting the income and asset limits, or by qualifying for a cash welfare program. But in 1999, the Clinton administration issued guidance that lets states decide what qualifies as a benefit under those programs. States have responded by offering benefits that are nothing of the kind, in a deliberate attempt to bypass the asset and income limits for food stamps. The domestic violence brochure that Rob received is a good example. States routinely print pamphlets or establish hotlines that have nothing to do with food stamps, yet states deem them as benefits that let ineligible people get on the program anyway.

The Clinton administration frankly admitted the guidance violated congressional intent. The Obama administration later encouraged as many states as possible to use this loophole, while giving it a formal name: “Broad-Based Categorical Eligibility.” Today, 43 states and Washington, D.C.. have embraced this fraud. Our organization estimates that at least 5.9 million otherwise ineligible people are enrolled in food stamps through this loophole. They are also a major reason why at least one out of every $10 spent on food stamps is improper.

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