The Culture War - Tim Pool - February 18, 2026


Mamdani Socialism BACKFIRES On NYC, Mayor Threatens To RAISE Taxes On Working Class


Episode Stats

Length

32 minutes

Words per Minute

170.64566

Word Count

5,530

Sentence Count

260

Misogynist Sentences

6

Hate Speech Sentences

9


Summary

The new mayor of New York City, Zoran Mamdani, is having a pretty rough go at it. A series of scandals have erupted throughout the city over improper waste management, animal waste all over the place, and now a threat of a wealth tax on the middle class and working class from the mouth of the mayor himself.


Transcript

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00:00:30.000 The new mayor of New York City, Zoran Mamdani,
00:00:32.980 is having a pretty rough go of it.
00:00:35.180 A series of scandals have erupted throughout the city
00:00:38.120 over improper waste management,
00:00:41.060 animal waste all over the place,
00:00:44.140 and now a threat of a tax on the middle class
00:00:47.260 and the working class from the mouth of Zoran Mamdani himself.
00:00:52.100 What he's saying is that if they don't get their wealth tax,
00:00:55.080 if they don't tax the rich,
00:00:56.960 they're going to have to tax the poor.
00:00:59.680 The only problem is neither of these plans actually make sense.
00:01:03.060 And it's resulted in an economic and political crisis in New York City
00:01:06.900 for which everybody is making fun of Zoran Mamdani.
00:01:10.640 And I'm going to do something that may surprise many of you
00:01:12.660 and actually defend Zoran Mamdani right now.
00:01:16.900 By all means, I am going to criticize his plan on the wealth tax.
00:01:20.480 We're going to go through these numbers and talk about what's actually happening
00:01:23.320 happening as we are seeing a mass exodus from New York City already.
00:01:28.620 It's been ongoing.
00:01:29.840 It is getting worse.
00:01:31.140 But I want to make sure this is absolutely clear
00:01:33.200 as everybody's putting the blame on him.
00:01:35.020 He just got into office.
00:01:37.360 Guys, I disagree with his worldview.
00:01:40.040 I disagree with his proposed policies.
00:01:42.700 I think he's wrong about all of this.
00:01:44.920 But the dude just got into office.
00:01:48.400 That being said, I can cut him some slack on these policy proposals
00:01:52.680 that he's rushing to come up with.
00:01:54.900 But something did change.
00:01:57.560 Seemingly, as soon as he got in, something did change.
00:02:01.360 Now, I don't know what it is.
00:02:02.120 Maybe it's that city workers don't like him.
00:02:05.060 And so they're kind of half-assing it.
00:02:07.800 I think that something was being done by the previous mayors
00:02:11.800 that they did not adequately inform Zoran Mamdani about.
00:02:15.360 And now we are seeing a bubbling up of a serious crisis.
00:02:18.900 That is, guys, when we are looking at the streets filled with dog waste
00:02:24.500 all over the place, I mean, the videos are crazy bad.
00:02:28.620 Okay, something different is going on because we did not see this
00:02:33.740 in the same way previously, indicating it looks like people
00:02:38.380 don't really like the guy.
00:02:39.860 He may have won for one reason or another, but it seems like maybe
00:02:43.120 the city workers don't really like the guy.
00:02:45.520 Now, what we're going to do here is we're going to break down
00:02:47.040 the proposals from Zoran Mamdani, and he is getting a lot of heat right now
00:02:50.360 because he is outright stated they have two choices.
00:02:56.120 We're going to loot the rainy day fund.
00:02:57.900 We're going to take money from retiree health care.
00:03:00.880 We're going to tax the middle and working class, or we're going to tax the rich.
00:03:06.720 And to all the liberals of New York City and the leftists, they're saying,
00:03:09.620 well, why not just tax the rich?
00:03:11.420 The problem is it has already been reported over the past several years.
00:03:16.320 The top 10% of wealthy individuals in the city have already fled.
00:03:22.100 And many of these companies are taking jobs away as well.
00:03:25.340 This is not a new phenomenon.
00:03:28.660 AOC famously chased Amazon out of New York.
00:03:32.700 She did not understand that a tax benefit was not giving tax dollars.
00:03:39.680 Legit.
00:03:40.700 Amazon said, we want to bring $30,000 to Queens.
00:03:43.820 And she said, what?
00:03:45.840 Why would we let them do that?
00:03:47.780 The city was basically saying, we're going to give you a discount on your taxes.
00:03:50.420 You'll save $10 billion in taxes if you come to us.
00:03:53.380 Why?
00:03:54.180 Because the increase in jobs, the increase in workers, and the taxes paid by Amazon,
00:03:58.680 though at a discount, would still be a massive boon to the city,
00:04:01.900 which they needed to fix their crumbling train and public transit infrastructure.
00:04:07.420 Well, AOC led a protest in the financial district, and Amazon ultimately said, fine, we out.
00:04:11.940 But she actually was quoted as saying she thought they were going to be giving Amazon money to do it.
00:04:19.160 Not what was happening.
00:04:20.660 And that's the problem with these lefties.
00:04:22.320 They genuinely do not understand these policies.
00:04:25.000 So let's do this first.
00:04:26.300 I'm going to play the videos for you so you can hear it straight from Zoran's mouth himself
00:04:30.520 about how he is planning on taxing the working class.
00:04:33.420 But really, it's a threat.
00:04:35.540 Let us raise taxes on the wealthy individuals.
00:04:39.240 Unfortunately, they'll just leave.
00:04:41.120 What this means is he is legitimately telling you their only path forward is to tax the working class.
00:04:48.780 I'm going to break it down for you.
00:04:49.820 Before we get started, my friends, make sure you go to gasbrew.com.
00:04:52.920 Pick up some delicious gasbrew coffee.
00:04:55.460 It's great stuff.
00:04:56.640 Appalachian Nights, a dark roast, everybody's favorite,
00:04:58.800 followed by Ian's Graphene Dream low-acidity coffee.
00:05:02.480 You guys are putting Ian through college, and you know he needs it.
00:05:06.020 I hope you realize he's not literally going to college.
00:05:07.940 That man would not do that.
00:05:09.880 He gets a portion of the revenue from his coffee.
00:05:12.800 It was his idea.
00:05:13.600 It was a brilliant idea.
00:05:14.640 Gasbrew.com to support our work.
00:05:16.380 But also, smash the like button, subscribe right now to this channel if you haven't already,
00:05:21.280 and share this video.
00:05:22.820 You guys, the other day, everybody shared it.
00:05:25.460 Not everybody, but a lot of people did share it.
00:05:27.320 And you can see it really, really does help.
00:05:29.140 So if there's one thing you can do, if you believe in the work that I'm doing,
00:05:33.180 and the extra hours that I put in every single day,
00:05:35.000 just copy the link to this video, post it on your social media.
00:05:38.480 I saw in the analytics, it was pretty amazing.
00:05:40.760 Facebook direction was massive.
00:05:42.820 So you guys, thank you all so much for doing that.
00:05:45.800 Considering it again, if you really do want to help.
00:05:47.780 And let's get started with the video right from Zoran himself.
00:05:51.940 Then I'll play the longer video for you, but let's cut to the meat and potatoes here.
00:05:55.060 At the heart of this path is a property tax increase.
00:06:00.220 This would effectively be a tax on working and middle-class New Yorkers
00:06:03.080 who have a median income of $122,000.
00:06:06.340 The second path also requires us to raid our reserves.
00:06:09.960 It would mean withdrawing $980 million from our city's rainy day fund in fiscal year 2026,
00:06:16.220 and $229 million from the retiree health benefit trust in fiscal year 2027.
00:06:22.220 These are steps that have been taken before,
00:06:25.600 but only in moments of extraordinary external crisis.
00:06:29.360 And it's going to get substantially worse
00:06:32.020 because wealthy people who pay a disproportionate amount of taxes are leaving.
00:06:36.980 But we'll get to that.
00:06:37.640 Mayor Bloomberg's response to the 2008 financial collapse
00:06:40.280 and Mayor de Blasio's response to the enormous revenue shortfall caused by the pandemic.
00:06:45.540 We do not want to have to turn to such drastic measures to balance our budget.
00:06:50.000 Indeed, he says they don't.
00:06:51.880 But my friends, let's also play this video from the New York Post.
00:06:56.260 We've also just received information that new data in the state's school aid formula
00:07:00.500 will bring an additional $97 million to New York City on a recurring basis.
00:07:06.100 All of that brings the fiscal deficit down to $5.4 billion.
00:07:10.680 But I want to be clear, $5.4 billion is still a very steep mountain to climb.
00:07:17.800 And there are two paths that we can walk.
00:07:20.120 One that offers long-term stability,
00:07:22.320 and a second one with significant pain that we deeply hope to avoid.
00:07:26.380 The first path, I just, for the love of all that is holy,
00:07:30.760 taxing the rich will not cover $5.4 billion in a deficit.
00:07:37.640 This is just absolutely insane to me.
00:07:39.960 I'm sorry, guys.
00:07:40.800 I'm breaking down over here.
00:07:42.340 This man is either as dumb as a box of rocks or he is lying.
00:07:46.620 You cannot overcome a yearly $5.4 billion deficit by taxing the rich.
00:07:55.200 That is not a real thing.
00:07:57.060 First, they're already leaving.
00:07:59.240 More will leave.
00:08:00.220 You will depress economic activity, and you will not recover that money.
00:08:04.940 You will only make it worse in the long run.
00:08:06.880 But sure, let's roll, baby.
00:08:08.320 There's the structural imbalance between the city and the state.
00:08:11.540 We want to work with Albany to raise personal income taxes by 2%
00:08:15.080 on the 33,000 New Yorkers earning more than $1 million a year,
00:08:19.400 and to raise corporate taxes on the most profitable corporations.
00:08:22.440 And we know that for far too long,
00:08:24.740 New Yorkers have given far more to the state than what we have received in return.
00:08:28.920 It is time to end the drain.
00:08:31.500 If we cannot follow this first path,
00:08:33.500 we will be forced onto a much more damaging path of last resort,
00:08:37.080 one where we have to use the only tools at the city's disposal,
00:08:41.500 raising property taxes and raiding our reserves.
00:08:44.860 This second path is painful.
00:08:47.720 We will continue to work with Albany to avoid it.
00:08:51.060 This first path will deliver the structural change that we need
00:08:54.060 to recalibrate the relationship between the city and the state.
00:08:58.200 Because as we know, New Yorkers contribute 54.5% of state revenue,
00:09:02.960 but receive only 40.5% back.
00:09:05.640 Heavens me, it sounds like you're figuring out the problems with federalization,
00:09:10.900 with supporting smaller counties, with...
00:09:15.000 I just absolutely love this.
00:09:17.280 I just...
00:09:18.060 Zoran...
00:09:19.200 Zoran...
00:09:20.640 From each according to their ability,
00:09:24.580 to each according to their need.
00:09:27.140 Okay?
00:09:28.160 Y'all are much wealthier and better off
00:09:30.440 than some of the people in other parts of the state.
00:09:32.080 This is your worldview.
00:09:35.100 The deficit of merit.
00:09:37.080 The deficit of labor.
00:09:38.800 They are taking more from you than you are getting back.
00:09:41.700 Duh.
00:09:42.340 That is socialism.
00:09:44.500 That is communism.
00:09:46.280 Lord help us with these people.
00:09:47.840 At the same time, New York City's portion of the state's GDP
00:09:50.880 has grown by nearly 10% since 2010.
00:09:54.720 That imbalance is untenable.
00:09:57.160 Once again, I am calling for Albany to end the drain.
00:10:00.600 There is no third option of failing to balance the budget.
00:10:04.280 By law, ever since the fiscal crisis of the 1970s,
00:10:07.100 which placed the city on the brink of bankruptcy,
00:10:09.860 New York City has been legally required to balance its budget.
00:10:13.460 We will do so.
00:10:14.920 If we cannot pursue the first path,
00:10:16.960 the only option we have remaining is the second path.
00:10:20.100 Now, let's just break down what he's saying.
00:10:22.060 A 9.5% property tax increase,
00:10:24.760 impacting over 3 million residential units
00:10:27.560 and over 100,000 commercial buildings,
00:10:30.520 targeting those with the median income of 122,000.
00:10:33.100 This, what he's actually saying is,
00:10:34.880 we don't want to do it, but we're going to do it.
00:10:37.120 The point is this.
00:10:38.680 You cannot tax the rich out of a hole.
00:10:41.360 You can't.
00:10:42.080 Okay?
00:10:43.280 You're talking about targeting a finite and small group of people
00:10:46.900 for large sums of money
00:10:48.000 when they have the freedom not to work or to leave.
00:10:51.040 We do not live in a world where you can force people
00:10:53.760 who are capable to actually do the labor.
00:10:56.700 You see, the communists genuinely believe
00:10:58.400 from each according to their ability
00:10:59.900 to each according to their need.
00:11:01.440 Let me tell you what's wrong with that first and foremost
00:11:03.300 before we get into a big philosophical debate on communism.
00:11:05.880 I work 16 hours a day and somewhat on weekends.
00:11:09.240 When I started this company,
00:11:10.420 I was working every single day.
00:11:13.920 No days off.
00:11:14.980 Every day I was producing my show.
00:11:17.680 We then added a nightly show,
00:11:20.000 so I was working double shifts Monday through Friday
00:11:22.680 with single shifts Saturday and Sunday.
00:11:24.840 Now, I'm capable of doing that,
00:11:27.940 but I will be damned
00:11:29.200 if you will force me
00:11:31.380 to work
00:11:32.740 that 74 or 64 hours.
00:11:36.860 64 hours.
00:11:38.040 That's more than that.
00:11:39.560 That's
00:11:39.960 that's 80 plus.
00:11:42.680 That's 96 hours.
00:11:44.260 You want me to work per week?
00:11:45.320 96.
00:11:46.580 96 hours per week
00:11:48.080 that I would have to work
00:11:50.080 for nothing.
00:11:51.980 That's the communist ethos.
00:11:53.480 It ain't happening.
00:11:54.760 I am going to work extra
00:11:56.380 because I know that I get a reward.
00:11:58.120 And the challenging part is
00:11:59.060 it's a diminishing return.
00:12:01.440 For every extra hour I work,
00:12:03.420 I make less money.
00:12:05.380 No, no, no.
00:12:05.680 Hold on.
00:12:06.160 I don't mean less overall.
00:12:07.820 It means that if the first hour I work,
00:12:10.420 I make 100 bucks.
00:12:12.080 The second hour is 90,
00:12:13.380 then 80,
00:12:14.060 then 70,
00:12:14.480 then 60.
00:12:15.260 And so when I add the extra workload,
00:12:17.880 I'm pulling in probably 60%
00:12:19.760 of what I get
00:12:20.460 based on the first half of the day.
00:12:22.220 And then I got to pay
00:12:23.320 a higher tax rate on that money.
00:12:25.520 So I'm getting substantially less.
00:12:28.200 These people don't get it.
00:12:29.900 But here's the news
00:12:30.800 from the New York Post
00:12:31.600 so you can.
00:12:33.520 New York is losing jobs to Texas
00:12:35.660 and Mamdani's tax push
00:12:37.160 will worsen the exodus.
00:12:39.580 The New York Post reports
00:12:40.560 New York is losing thousands of jobs
00:12:43.300 to pro-business Texas.
00:12:45.040 And Mayor Zoran Mamdani's push
00:12:46.320 to raise corporate taxes
00:12:47.260 would only accelerate the exodus.
00:12:49.040 An analysis released Tuesday
00:12:50.240 by Big Apple's top
00:12:51.180 corporate advocacy group claims.
00:12:52.700 Now what people like Zoran Mamdani do
00:12:54.280 is they go to working class people
00:12:56.020 and say the rich are lying to you
00:12:58.280 because they don't want to pay taxes.
00:13:00.060 They don't need to lie to you.
00:13:01.780 They're rich.
00:13:02.900 They can leave.
00:13:04.660 But they want to be sure
00:13:05.860 is the value of the product purchased
00:13:08.100 worth the cost?
00:13:09.800 Is the juice worth the squeeze?
00:13:11.560 If you want to live in New York
00:13:13.800 because the opportunity is there
00:13:15.220 well then you're going to pay your taxes.
00:13:16.740 If you are someone
00:13:17.600 with a local New York based business
00:13:19.480 where you make 10 million bucks a year
00:13:21.340 literally selling products to New Yorkers
00:13:23.780 and you can't run your business
00:13:24.840 somewhere else
00:13:25.360 you're pissed.
00:13:26.300 But hey, you can't leave.
00:13:27.960 Unfortunately, most of the companies
00:13:29.840 that make that level of revenue
00:13:31.080 can be operated anywhere
00:13:33.000 and don't need to base themselves
00:13:35.060 in New York City.
00:13:36.180 Which means you will lose tax revenue
00:13:39.400 by increasing the taxes.
00:13:42.640 Fortunately, for people like Zoran Mamdani
00:13:44.880 they can maintain power
00:13:46.340 by tricking people
00:13:47.200 who are ignorant of economics
00:13:48.880 into believing their lies.
00:13:51.560 They say, quote,
00:13:52.560 New York is already ranked last nationally
00:13:54.840 for tax competitiveness
00:13:55.900 and is consistently ranked
00:13:57.440 among the bottom states
00:13:58.500 for starting small business
00:13:59.620 and for small business growth.
00:14:01.660 Let's just talk about the media business.
00:14:03.540 So we've had companies talk to us
00:14:05.900 quite a bit
00:14:06.620 about options for
00:14:09.600 let me put it like this.
00:14:11.320 Everybody wants my company
00:14:12.440 in their state, right?
00:14:13.520 We make a lot of money
00:14:14.460 we pay a lot of taxes
00:14:15.540 and we do a lot of development.
00:14:17.400 When we're building
00:14:18.400 like the skate park
00:14:19.740 we've built that
00:14:20.400 we bought property around the area.
00:14:23.640 What's happening
00:14:24.280 and the reason why
00:14:25.300 they love a business like mine
00:14:27.100 is that
00:14:28.200 through the internet
00:14:29.540 we produce content
00:14:30.800 which generates revenue
00:14:31.760 from all over the country
00:14:32.860 and even some parts of the world
00:14:33.960 when ads are sold.
00:14:35.340 That money is pulled in
00:14:37.180 from all over the country
00:14:38.020 and then centralizes
00:14:39.300 in whatever location we are in.
00:14:41.800 To put it simply
00:14:42.380 you got a guy in Seattle
00:14:43.980 a guy in LA
00:14:44.600 a guy in New York
00:14:45.300 they all watch an ad
00:14:46.060 and a dollar from each of them
00:14:47.180 goes to West Virginia.
00:14:49.980 And I've had people ask
00:14:51.140 do you think New York
00:14:52.320 would be viable
00:14:53.160 or the New York Metro
00:14:54.420 and I'm like absolutely not.
00:14:56.760 I mean it's a scummy place
00:14:58.240 with a major tax crisis
00:15:00.200 and it's the highest
00:15:01.880 New York City
00:15:02.320 is the highest tax place
00:15:03.200 in the country.
00:15:04.360 I don't want to be there
00:15:05.380 I don't need to be there
00:15:06.280 the costs are way too high
00:15:07.300 it is not worth it
00:15:08.700 to be there.
00:15:10.360 West Virginia
00:15:10.900 is great and competitive
00:15:11.820 close enough to DC
00:15:13.300 to be able to get guests
00:15:14.160 to drive in
00:15:14.820 cheap enough land
00:15:16.060 and the people here
00:15:17.720 want the work
00:15:18.760 and want the economic stimulation.
00:15:21.040 So why would I consider
00:15:22.400 running my multi-million dollar
00:15:24.240 business
00:15:24.820 in New York City?
00:15:26.820 The same is true
00:15:27.640 for basically anybody
00:15:28.540 if you're in the tech
00:15:29.260 or if you're doing
00:15:30.220 national sales
00:15:31.040 headquarter somewhere else.
00:15:32.860 Heck why even be in Delaware?
00:15:34.720 Delaware's gone crazy.
00:15:36.700 You can certainly go to Nevada
00:15:37.880 Texas or Florida
00:15:39.380 and that's exactly
00:15:40.360 what people are doing.
00:15:42.360 They say New York City's
00:15:44.100 top combined marginal
00:15:45.260 corporate income tax rate
00:15:46.640 which includes other levies
00:15:48.660 such as the MTA corporate surcharge
00:15:50.060 would rise from 17.44
00:15:51.740 to 22.48
00:15:53.520 if Kathy Hochul
00:15:54.980 and the legislature
00:15:55.720 approve a hike.
00:15:57.180 Texas meanwhile
00:15:57.800 has no corporate
00:15:59.060 or state income tax
00:16:00.040 and imposes only
00:16:01.560 a modest .75 franchise tax.
00:16:04.560 Courts in the Lone Star State
00:16:05.580 are also more friendly
00:16:06.420 to business interests
00:16:07.240 compared to litigation
00:16:08.340 happy in New York
00:16:09.120 and it's easier
00:16:10.200 to incorporate
00:16:10.880 and open firms there.
00:16:12.200 Additionally
00:16:12.560 as it goes towards
00:16:13.700 the property tax
00:16:14.620 Mr. Wonderful
00:16:15.960 already pointed this out
00:16:17.000 when they went after
00:16:17.540 Trump for fraud.
00:16:18.760 You have just told
00:16:19.500 every real estate developer
00:16:20.780 to get the F
00:16:22.120 out of New York
00:16:23.040 because they will
00:16:24.400 wage political warfare
00:16:25.960 against you
00:16:26.520 and steal from you.
00:16:28.420 Duh
00:16:28.700 that's what communists do.
00:16:31.200 It shouldn't come
00:16:31.880 as a surprise then
00:16:32.800 the partnership said
00:16:34.120 that Texas is chipping away
00:16:35.200 at New York's preeminence
00:16:36.160 as the capital
00:16:36.900 of U.S. capitalism.
00:16:38.740 They found
00:16:39.260 in 2024
00:16:40.220 Texas surpassed New York
00:16:41.440 as a state
00:16:41.780 with the most
00:16:42.120 financial service employees.
00:16:43.640 23 companies relocated
00:16:44.880 from New York to Texas.
00:16:46.240 J.P. Morgan
00:16:46.780 now employs
00:16:47.360 more people in Texas
00:16:48.080 than any other state.
00:16:49.480 Wells Fargo
00:16:50.020 opened a new Dallas campus
00:16:51.060 in 2025
00:16:51.600 increasing the capacity
00:16:53.060 by 1,500 employees.
00:16:55.360 Financial services
00:16:55.960 recruitment in Texas
00:16:56.640 surpassed New York.
00:16:57.840 While New York's
00:16:58.420 financial service industry
00:16:59.200 still remains
00:16:59.740 more productive
00:17:00.720 generating
00:17:01.720 $330 billion
00:17:03.760 in gross regional product
00:17:04.980 in 2024
00:17:05.440 71% more than Texas.
00:17:08.600 Texas financial services
00:17:09.520 grew more.
00:17:11.100 Texas received
00:17:11.820 approval to launch
00:17:13.160 its own stock exchange
00:17:14.540 slated to open
00:17:15.820 by the end of 2026
00:17:17.460 positioning itself
00:17:18.880 as a more
00:17:19.800 issuer friendly
00:17:20.720 and lower cost exchange
00:17:22.020 than the New York
00:17:23.120 Stock Exchange
00:17:23.840 and NASDAQ.
00:17:25.620 Texas isn't winning
00:17:26.560 because of one tax lever.
00:17:28.660 It's executing
00:17:29.240 a coordinated
00:17:29.840 multidimensional strategy
00:17:30.880 to attract jobs
00:17:31.700 and capital
00:17:32.220 and New York
00:17:33.100 is falling into their trap.
00:17:34.920 Our report from today
00:17:35.840 outlines
00:17:36.360 what's actually happening
00:17:37.760 with how we are losing
00:17:39.740 Facts Matter here.
00:17:41.520 Mamdani on Tuesday said
00:17:42.500 he'd have to raise
00:17:43.580 property taxes
00:17:44.420 if Hochul
00:17:45.260 and the legislature
00:17:45.940 don't boost
00:17:46.800 income taxes
00:17:47.540 on the rich.
00:17:49.460 New York Post.
00:17:50.360 Mamdani's
00:17:52.080 cuckoo
00:17:52.580 property tax hike
00:17:53.720 will land him
00:17:54.760 real estate agent
00:17:56.380 of the year
00:17:57.000 after inevitable
00:17:58.520 exodus
00:17:59.240 Kevin O'Leary says.
00:18:01.640 Mr. Wonderful
00:18:02.220 thinks it's a wonderful idea.
00:18:04.180 What he is proposing
00:18:05.000 is beyond insane
00:18:05.960 but I love it.
00:18:07.120 You guys live here
00:18:07.960 you're not paying
00:18:08.540 your fair share
00:18:09.160 you got to pay
00:18:09.580 110%
00:18:10.580 that's the right thing
00:18:11.320 to do
00:18:11.620 because he's not
00:18:12.620 cutting spending.
00:18:14.820 Hissner announced
00:18:15.500 a large tax increase
00:18:16.620 as part of his
00:18:17.380 preliminary budget plan.
00:18:18.960 The hike
00:18:20.540 was part of a threat
00:18:21.480 towards Albany governor
00:18:22.380 this we already know
00:18:23.020 we already read
00:18:23.500 all this stuff
00:18:23.960 the options
00:18:25.120 we get it
00:18:25.960 we get it
00:18:26.780 look at that
00:18:27.360 stick them up
00:18:28.580 Mayor Mamdani
00:18:29.540 threatens Hochul
00:18:30.300 raise taxes or else
00:18:31.460 an enthusiastic
00:18:33.480 O'Leary was told
00:18:34.320 to stop yelling
00:18:35.040 by host Abby Phillips
00:18:36.680 as the panel
00:18:37.640 discussed income tax
00:18:38.780 hikes in the city
00:18:39.420 over the past 10 years
00:18:40.260 I'm not mad about it
00:18:41.040 I'm excited
00:18:41.540 because I want you
00:18:42.560 to pay
00:18:43.000 not me
00:18:43.680 the post has reached
00:18:45.480 out to City Hall
00:18:46.200 indeed
00:18:48.960 is that they
00:18:49.560 absolutely want
00:18:50.160 to tax the rich
00:18:50.880 however
00:18:52.120 they can't
00:18:53.920 and the reason
00:18:54.920 they can't
00:18:55.460 is something
00:18:55.860 we call
00:18:56.360 the Laffer curve
00:18:57.280 you will drive
00:18:58.980 away big business
00:19:00.260 there was a video
00:19:00.860 I saw that was
00:19:01.580 absolutely beautiful
00:19:03.120 absolutely beautiful
00:19:04.740 it was an older guy
00:19:06.080 talking to a younger
00:19:06.940 guy who was like
00:19:07.560 a commie
00:19:07.920 and these socialists
00:19:09.460 these communists
00:19:10.200 they just don't
00:19:11.260 get economics
00:19:12.120 they really don't
00:19:13.060 what they want
00:19:13.380 is slaves
00:19:13.840 and what he said
00:19:15.300 was
00:19:15.600 he said
00:19:17.080 my friends
00:19:17.760 he said
00:19:19.820 do you think
00:19:20.400 I should be taxed
00:19:21.580 70% on every dollar
00:19:23.640 after 2 million
00:19:24.720 and the guy said
00:19:26.140 yes
00:19:26.600 and 75%
00:19:28.120 for every dollar
00:19:28.720 after that
00:19:29.360 and he said
00:19:31.000 okay I'll tell you
00:19:31.580 what I'm gonna do
00:19:32.160 once I hit
00:19:33.640 2 million dollars
00:19:34.580 I'm gonna furlough
00:19:35.800 all my employees
00:19:36.640 shut the business down
00:19:38.080 and go play golf
00:19:38.960 for the rest of the year
00:19:39.840 why should I do
00:19:41.900 extra work
00:19:42.780 if I'm not
00:19:43.960 going to make
00:19:44.600 anything for it
00:19:45.440 this is not
00:19:46.680 a threat
00:19:47.240 it's a fact
00:19:48.760 but these communists
00:19:50.720 don't get it
00:19:52.100 no matter how many
00:19:52.720 times you tell them
00:19:53.500 they're just not
00:19:53.960 smart enough
00:19:54.380 to comprehend
00:19:54.880 I'm not
00:19:55.920 going to work
00:19:57.100 for free bro
00:19:58.100 they don't get it
00:19:59.720 you can scream
00:20:00.540 in their faces
00:20:01.160 I'm not
00:20:02.020 going to work
00:20:03.380 for free
00:20:03.940 and they don't get it
00:20:04.840 so I'll say it again
00:20:06.840 the only outcome
00:20:08.780 that Mamdani
00:20:09.300 is proposing
00:20:09.840 is a tax
00:20:10.360 on a property
00:20:11.460 which will be
00:20:12.560 a collapse
00:20:13.040 of the city
00:20:13.520 it's gonna fall
00:20:14.360 into slums
00:20:14.980 and disrepair
00:20:15.800 and I got the videos
00:20:16.740 of the feces everywhere
00:20:17.680 to prove it
00:20:18.080 and the garbage
00:20:18.660 please
00:20:20.920 commies
00:20:22.220 hear me
00:20:23.200 I work 16 hours
00:20:25.580 a day
00:20:26.000 and often
00:20:27.520 on the weekends
00:20:28.100 to run this company
00:20:29.740 we generate
00:20:31.320 eight figures
00:20:32.140 in revenue
00:20:32.760 putting our
00:20:33.980 evaluation
00:20:34.580 very very high
00:20:35.740 we have a lot
00:20:37.720 of ancillary
00:20:38.360 companies
00:20:38.900 we have a coffee
00:20:39.780 company
00:20:40.140 a skateboard
00:20:40.620 company
00:20:41.100 we have music
00:20:42.700 we make money
00:20:44.000 off all of these
00:20:44.640 things
00:20:44.960 we own property
00:20:45.760 that money
00:20:47.700 that I have
00:20:48.460 was not given
00:20:49.620 to me
00:20:50.080 handed to me
00:20:51.000 I didn't wake up
00:20:52.140 and inherit it
00:20:52.700 I come from humble
00:20:53.600 beginnings
00:20:53.960 on the south side
00:20:54.540 of Chicago
00:20:54.960 when I dropped
00:20:55.340 out of high school
00:20:55.840 it is only
00:20:57.400 because I work
00:20:58.940 ten times more
00:21:00.760 than most people
00:21:01.860 and I genuinely
00:21:03.120 mean it
00:21:03.640 I work 16 hour
00:21:05.540 days
00:21:06.020 but those days
00:21:07.100 are jam packed
00:21:08.040 with much more
00:21:08.980 work than the
00:21:09.460 average eight hour
00:21:10.140 day
00:21:10.420 and you know
00:21:10.920 I know
00:21:11.240 I used to do
00:21:12.100 manual labor
00:21:12.760 for a living
00:21:13.180 for two years
00:21:13.860 working at an
00:21:14.320 airport
00:21:14.560 and while I was
00:21:15.840 there for eight
00:21:16.500 hours
00:21:16.880 I work substantially
00:21:18.500 harder today
00:21:19.840 it's not about me
00:21:21.220 the point is
00:21:22.680 if you come to me
00:21:24.100 and say
00:21:24.440 Tim
00:21:24.720 and they already
00:21:25.960 do this
00:21:26.360 largely
00:21:26.860 but if you came
00:21:27.360 to me and said
00:21:27.800 we're going to
00:21:28.660 take 70%
00:21:30.000 of all the money
00:21:30.860 you make
00:21:31.200 after a cent number
00:21:32.140 I quit
00:21:33.780 now the funny
00:21:34.780 thing is the liberals
00:21:35.380 are going to be like
00:21:35.760 good quit
00:21:36.400 because we don't
00:21:37.400 like your politics
00:21:38.100 the point is this
00:21:39.380 I also make products
00:21:41.360 we also sell
00:21:42.020 merchandise
00:21:42.440 these are general
00:21:43.240 goods that people
00:21:43.900 like as well as
00:21:44.600 food products
00:21:45.240 and I tell you
00:21:47.100 my friends
00:21:47.600 if you told me
00:21:48.520 I couldn't make
00:21:49.040 any money off
00:21:49.540 doing it
00:21:49.860 I'm not going to
00:21:50.720 I'm going to do
00:21:52.020 a bunch of other
00:21:52.560 things
00:21:52.940 probably just
00:21:54.140 I don't know
00:21:54.420 play poker
00:21:54.940 or something
00:21:55.480 play video games
00:21:56.920 play guitar
00:21:57.680 chill
00:21:58.180 sit on the porch
00:21:59.060 hang out with the
00:21:59.500 family
00:21:59.800 it is only because
00:22:01.560 I know that if I
00:22:02.360 work as hard as I
00:22:03.180 can I will earn
00:22:04.560 that I do
00:22:05.200 for real
00:22:06.340 I'm not going to do
00:22:06.920 I'm not going to
00:22:07.360 work for nothing
00:22:07.820 so I left New York
00:22:10.480 and one of the
00:22:11.340 reasons was the
00:22:11.960 taxes were nuts
00:22:12.820 I was paying insane
00:22:14.420 taxes
00:22:14.940 there was violence
00:22:16.480 one of the big
00:22:17.060 issues was that
00:22:17.860 the way these
00:22:18.160 bombings
00:22:18.740 we have protests
00:22:20.620 and riots
00:22:21.160 the rent was
00:22:21.920 incredibly high
00:22:22.940 and I was making
00:22:24.080 good money
00:22:24.540 but could barely
00:22:25.080 afford stuff
00:22:25.600 I said I should
00:22:26.060 probably leave here
00:22:26.660 and go live
00:22:27.080 somewhere cheaper
00:22:27.740 I was able to
00:22:29.140 buy a house
00:22:29.860 bought a house
00:22:31.340 when I moved to
00:22:31.820 South Jersey
00:22:32.260 still high taxes
00:22:33.600 still problems
00:22:34.560 still riots
00:22:35.340 and then we
00:22:36.200 decided to move
00:22:36.720 out here
00:22:37.140 and West Virginia
00:22:37.920 has got its
00:22:38.320 share of problems
00:22:39.180 sure
00:22:40.080 but it's been
00:22:41.600 a lot better
00:22:42.140 cheaper
00:22:42.580 and the taxes
00:22:44.060 are lower
00:22:44.500 than New York
00:22:45.140 so if I stayed
00:22:47.680 in New York
00:22:48.280 let's say they
00:22:49.680 charged me 5%
00:22:51.020 instead of
00:22:52.300 15 or 13
00:22:53.620 I might say
00:22:55.500 well what's
00:22:56.140 the point of
00:22:56.540 I mean if I go
00:22:57.440 to another state
00:22:57.920 the taxes might
00:22:58.480 be 3 or 4%
00:22:59.520 one extra percent
00:23:00.400 I don't feel
00:23:00.980 like moving
00:23:01.340 guess what
00:23:02.700 if I would have
00:23:04.360 paid 100 bucks
00:23:05.140 in taxes
00:23:05.540 just a random
00:23:05.960 number
00:23:06.260 it would go
00:23:07.240 into New York's
00:23:07.820 pocket
00:23:08.100 instead they
00:23:09.340 came to me
00:23:09.720 and said
00:23:10.080 we want $110
00:23:10.920 and I said
00:23:11.580 that's the line
00:23:12.180 and then I
00:23:13.080 moved to West
00:23:13.560 Virginia
00:23:13.920 and guess what
00:23:14.860 West Virginia
00:23:15.200 asked for
00:23:15.620 $60
00:23:16.080 and I said
00:23:16.780 here you go
00:23:17.300 New York
00:23:18.300 now gets
00:23:19.360 zero
00:23:20.180 the Persian
00:23:22.500 Jewess
00:23:23.200 tweets
00:23:23.600 I'm a real
00:23:24.800 estate expert
00:23:25.340 in New York
00:23:26.640 City commercial
00:23:27.160 tenants are
00:23:28.000 customarily
00:23:28.560 responsible for
00:23:29.240 any increase
00:23:29.660 in property
00:23:30.040 taxes
00:23:30.400 this means
00:23:31.320 small business
00:23:32.080 owners like
00:23:32.580 the bodegas
00:23:33.100 Mamdani claims
00:23:33.760 to love so
00:23:34.200 much will
00:23:34.580 foot the bill
00:23:35.000 for the higher
00:23:35.340 property taxes
00:23:36.000 and given how
00:23:37.480 small their
00:23:38.100 margins are
00:23:38.760 a 9.5%
00:23:39.820 hike will be
00:23:40.380 devastating
00:23:40.880 this is what
00:23:41.840 it looks like
00:23:42.240 when you hire
00:23:42.700 an inexperienced
00:23:43.280 mayor who
00:23:44.220 doesn't understand
00:23:44.800 how property
00:23:45.300 taxes work
00:23:45.960 to be fair
00:23:47.080 this clip
00:23:48.480 she watched
00:23:49.100 omits that
00:23:49.940 he's saying
00:23:50.280 tax the rich
00:23:50.820 first
00:23:51.260 but that's
00:23:52.100 not possible
00:23:52.660 well ladies
00:23:54.000 and gentlemen
00:23:54.400 here we go
00:23:55.500 let's actually
00:23:56.480 pull up this
00:23:57.200 breaking
00:23:58.320 New York City
00:23:58.760 residents are
00:23:59.320 furious
00:23:59.720 as giant
00:24:00.780 snow piles
00:24:01.440 melt
00:24:01.860 revealing streets
00:24:02.900 filled with
00:24:03.400 feces
00:24:03.900 quote
00:24:05.300 I've lived
00:24:06.700 in the city
00:24:07.160 my whole life
00:24:07.800 I ain't never
00:24:08.460 seen no ish
00:24:09.520 like this
00:24:10.140 and the question
00:24:11.340 I have is
00:24:11.920 what changed
00:24:13.300 look at this
00:24:15.620 the entirety
00:24:17.040 of the sidewalk
00:24:17.540 is covered in
00:24:18.040 feces
00:24:18.400 this sidewalk
00:24:21.780 is filled
00:24:24.860 with shit
00:24:26.860 like this
00:24:30.020 is
00:24:31.320 ridiculous
00:24:33.300 I lived
00:24:34.800 I lived in New
00:24:35.840 York for five
00:24:36.380 years
00:24:36.720 I never
00:24:38.080 never saw
00:24:39.280 something like
00:24:39.800 that
00:24:39.880 me neither
00:24:51.140 what has
00:24:53.440 happened to
00:24:54.140 this place
00:24:54.580 now again
00:24:55.320 I'll throw
00:24:55.920 him a little
00:24:56.240 defense
00:24:56.840 because he
00:24:58.120 just got in
00:24:58.860 but it sounds
00:25:00.000 to me like
00:25:00.560 there is some
00:25:01.080 kind of like
00:25:01.420 major protest
00:25:02.300 or you know
00:25:04.000 light strike
00:25:05.200 against
00:25:05.600 Mamdani's
00:25:06.120 leadership
00:25:06.500 DSNY
00:25:08.760 working to
00:25:09.220 catch up
00:25:09.480 as trash
00:25:10.260 piles up
00:25:10.700 on snow
00:25:11.080 banks
00:25:11.320 in parts
00:25:11.700 of the
00:25:11.880 city
00:25:12.060 videos
00:25:12.880 have been
00:25:13.160 going viral
00:25:13.840 of garbage
00:25:15.520 everywhere
00:25:16.840 Mamdani gets
00:25:18.520 in and
00:25:19.240 something
00:25:19.560 happened
00:25:19.960 and people
00:25:20.660 just said
00:25:21.500 we're gonna
00:25:22.880 let the trash
00:25:23.420 and the crap
00:25:23.860 pile up
00:25:25.000 all over the
00:25:25.400 place
00:25:25.740 New Yorkers
00:25:27.440 forced to
00:25:28.060 dodge
00:25:28.340 minefields
00:25:29.360 of unscooped
00:25:30.060 dog poop
00:25:30.780 this is their
00:25:32.480 city
00:25:32.760 that's wild
00:25:34.140 what does
00:25:34.960 that say
00:25:35.340 something Volta
00:25:36.560 saves lives
00:25:37.300 I don't
00:25:37.500 know
00:25:38.180 crap
00:25:39.140 everywhere
00:25:40.640 imagine the
00:25:41.260 parasites
00:25:41.900 imagine the
00:25:44.200 rats
00:25:44.620 and the
00:25:45.160 disease
00:25:45.940 that's going
00:25:46.580 to emerge
00:25:46.980 from this
00:25:47.320 this is a
00:25:49.120 low trust
00:25:49.720 society
00:25:50.160 it's what
00:25:51.560 you get
00:25:51.900 Gothamist
00:25:53.540 says we
00:25:53.900 tested those
00:25:54.560 gross piles
00:25:55.220 of snow
00:25:55.860 on NYC
00:25:56.480 sidewalks
00:25:57.240 here's what
00:25:57.880 we found
00:25:58.300 heavens me
00:25:58.840 they found
00:26:00.160 bacteria
00:26:01.320 what did
00:26:03.080 they find
00:26:03.560 let's just
00:26:04.600 let's just
00:26:04.880 grab it
00:26:05.300 the results
00:26:06.340 confirm
00:26:07.220 mostly what
00:26:08.060 you already
00:26:08.320 suspected
00:26:08.800 the snow
00:26:09.580 acts as a
00:26:10.140 revolting
00:26:10.520 sponge for
00:26:11.380 the city's
00:26:11.800 filth
00:26:12.220 indeed
00:26:13.200 the usual
00:26:14.540 at times
00:26:14.880 toxic dirt
00:26:15.540 grime
00:26:15.820 and excretions
00:26:16.600 might typically
00:26:17.080 be washed
00:26:17.580 away by the
00:26:18.060 wind and rain
00:26:18.620 they've been
00:26:19.420 trapped by
00:26:19.880 glacial
00:26:20.240 suspension
00:26:20.780 for weeks
00:26:21.400 this is a
00:26:23.240 nightmare of
00:26:23.860 disgusting
00:26:24.260 sludge
00:26:24.680 they found
00:26:25.840 lead
00:26:26.320 pigeon
00:26:27.460 feces
00:26:28.140 animal
00:26:29.300 crap
00:26:29.840 they say
00:26:31.580 what do they
00:26:32.300 find
00:26:32.620 125 parts
00:26:34.560 per billion
00:26:35.120 for lead
00:26:35.740 another
00:26:36.820 place
00:26:37.300 marked
00:26:37.660 with
00:26:37.900 yellow
00:26:39.280 pea
00:26:39.700 stains
00:26:40.180 113
00:26:41.640 parts
00:26:42.000 per
00:26:42.200 billion
00:26:42.480 a kid
00:26:43.640 is skimming
00:26:44.200 some snow
00:26:44.640 and putting
00:26:44.960 it in their
00:26:45.220 mouth
00:26:45.540 they would
00:26:45.780 get a decent
00:26:46.320 dose of
00:26:46.860 lead
00:26:47.320 and bacteria
00:26:48.460 but those
00:26:50.140 lead levels
00:26:50.540 are still far
00:26:51.060 lower than
00:26:51.420 what you'd
00:26:51.620 find in
00:26:51.880 much of
00:26:52.140 New York
00:26:52.380 City's
00:26:52.720 soil
00:26:53.020 jeez
00:26:54.460 this city
00:26:56.180 is a
00:26:56.480 disgusting
00:26:57.060 cesspit
00:26:57.720 that's
00:26:59.300 crazy
00:26:59.680 man
00:27:00.000 you know
00:27:01.660 something's
00:27:02.900 wrong with
00:27:03.280 this place
00:27:03.880 something's
00:27:05.160 wrong with
00:27:05.540 this place
00:27:06.080 you know
00:27:07.860 what's
00:27:08.000 interesting
00:27:08.360 what I'll
00:27:10.580 say is
00:27:10.860 this
00:27:11.180 do you
00:27:12.720 know about
00:27:13.000 the shopping
00:27:14.180 cart
00:27:14.520 problem
00:27:15.020 this is one
00:27:16.980 of the tests
00:27:17.380 we like to
00:27:17.900 do
00:27:18.000 it's a gag
00:27:18.500 test
00:27:18.880 but when
00:27:19.180 we're hiring
00:27:19.560 someone new
00:27:20.140 we go
00:27:20.360 shopping
00:27:20.700 with them
00:27:21.000 and see
00:27:21.300 what they
00:27:21.520 do with
00:27:21.720 the shopping
00:27:22.080 cart
00:27:22.380 it's the
00:27:23.760 ultimate
00:27:24.000 test
00:27:24.360 they say
00:27:24.800 of a
00:27:25.500 functioning
00:27:25.860 society
00:27:26.380 you bring
00:27:27.500 the shopping
00:27:27.900 cart to
00:27:28.300 your car
00:27:28.660 it's a
00:27:30.200 minor inconvenience
00:27:31.120 to have to
00:27:31.440 bring it
00:27:31.680 back to
00:27:32.020 the store
00:27:32.380 or to
00:27:33.440 the corral
00:27:34.180 but
00:27:35.760 you don't
00:27:37.740 have to
00:27:38.120 do it
00:27:38.420 there's no
00:27:39.480 real reward
00:27:40.260 for doing
00:27:40.780 it
00:27:41.020 so would
00:27:42.300 you
00:27:42.460 would you
00:27:43.700 take the
00:27:44.220 extra 30
00:27:44.960 seconds
00:27:45.420 to bring
00:27:46.320 the shopping
00:27:46.840 cart to
00:27:47.360 the corral
00:27:47.880 I always
00:27:49.520 do
00:27:50.020 always
00:27:50.800 sometimes
00:27:52.220 you get
00:27:52.480 lucky
00:27:52.760 and you're
00:27:53.260 filling up
00:27:53.820 your groceries
00:27:54.200 and someone
00:27:54.440 walks by
00:27:54.860 and says
00:27:55.060 hey I'll
00:27:55.260 take that
00:27:55.540 cart
00:27:55.760 and they'll
00:27:56.200 take it
00:27:56.460 because
00:27:56.640 they
00:27:56.760 want
00:27:56.900 to
00:27:56.960 use
00:27:57.100 it
00:27:57.280 is
00:27:58.160 one
00:27:59.420 of
00:27:59.520 the
00:27:59.580 wheels
00:27:59.720 busted
00:28:00.060 nope
00:28:00.600 I'll
00:28:01.240 take it
00:28:02.180 it's the
00:28:03.040 ultimate test
00:28:03.460 of a high
00:28:03.760 trust society
00:28:04.300 they say
00:28:04.700 are the
00:28:05.680 people willing
00:28:06.140 to return
00:28:06.560 the carts
00:28:06.960 to the
00:28:07.180 corral
00:28:07.440 if they're
00:28:07.860 not
00:28:08.160 you're
00:28:08.580 falling
00:28:08.780 apart
00:28:09.060 what we
00:28:10.140 see here
00:28:10.480 is level
00:28:10.760 two
00:28:11.060 will you
00:28:12.000 pick up
00:28:12.360 your dog's
00:28:12.900 crap
00:28:13.220 and for
00:28:14.300 the longest
00:28:14.640 time
00:28:14.920 people did
00:28:15.420 you walk
00:28:15.980 your dog
00:28:16.380 you pick
00:28:16.660 up his
00:28:16.880 poop
00:28:17.080 you put
00:28:17.320 in a
00:28:17.480 garbage
00:28:17.720 bin
00:28:17.960 and then
00:28:19.000 what
00:28:19.100 happened
00:28:19.360 as New
00:28:20.380 York
00:28:20.620 becomes
00:28:21.060 increasingly
00:28:21.660 low
00:28:22.080 trust
00:28:22.540 people say
00:28:23.900 why should
00:28:24.560 I bother
00:28:25.000 it's
00:28:26.140 broken
00:28:26.360 windows
00:28:26.780 you know
00:28:28.560 a long
00:28:28.800 time ago
00:28:29.160 I think
00:28:29.340 this was
00:28:29.500 back in
00:28:29.760 the 80s
00:28:30.200 the idea
00:28:31.460 was
00:28:31.880 if you
00:28:32.700 came across
00:28:33.120 a building
00:28:33.560 with a
00:28:33.800 broken
00:28:34.040 window
00:28:34.420 you didn't
00:28:35.740 care
00:28:36.000 it's
00:28:36.680 falling
00:28:36.880 apart
00:28:37.180 anyway
00:28:37.440 and so
00:28:38.120 what
00:28:38.260 happened
00:28:38.480 is
00:28:38.640 people
00:28:38.860 would
00:28:38.980 spray
00:28:39.180 paint
00:28:39.420 they'd
00:28:40.120 break
00:28:40.320 a
00:28:40.440 window
00:28:40.720 and the
00:28:41.300 building
00:28:41.520 eventually
00:28:41.840 falls
00:28:42.220 apart
00:28:42.480 because
00:28:42.660 everyone
00:28:43.060 does
00:28:43.460 litter
00:28:44.380 is much
00:28:44.780 the
00:28:44.940 same
00:28:45.220 do
00:28:45.920 you
00:28:45.980 see
00:28:46.100 litter
00:28:46.280 on
00:28:46.440 the
00:28:46.520 ground
00:28:46.780 people
00:28:47.380 are
00:28:47.580 substantially
00:28:48.140 more
00:28:48.600 likely
00:28:48.920 to
00:28:49.160 litter
00:28:52.080 it's
00:28:52.220 like
00:28:52.500 I guess
00:28:52.960 that's
00:28:53.100 what
00:28:53.180 we
00:28:53.300 do
00:28:53.520 so
00:28:55.000 at
00:28:55.180 the
00:28:55.280 time
00:28:55.600 I
00:28:56.100 think
00:28:56.220 this
00:28:56.340 was
00:28:56.480 Giuliani
00:28:56.980 who
00:28:57.180 was
00:28:57.340 like
00:28:57.600 arrest
00:28:58.280 anyone
00:28:59.240 for
00:28:59.660 the
00:28:59.860 smallest
00:29:00.320 of
00:29:00.560 infraction
00:29:01.040 if
00:29:02.580 you
00:29:02.740 arrest
00:29:03.180 people
00:29:03.680 for
00:29:04.200 minor
00:29:04.520 infractions
00:29:05.240 the
00:29:05.760 heavier
00:29:06.060 ones
00:29:06.520 stop
00:29:07.000 or
00:29:07.500 slow
00:29:07.760 down
00:29:08.060 that
00:29:08.860 was
00:29:09.000 the
00:29:09.140 idea
00:29:09.440 and
00:29:10.420 I
00:29:10.520 don't
00:29:10.600 know
00:29:10.700 that
00:29:11.120 we
00:29:11.220 can
00:29:11.340 say
00:29:11.480 that
00:29:11.600 it
00:29:11.720 definitively
00:29:12.320 worked
00:29:12.600 because
00:29:13.300 I
00:29:13.540 don't
00:29:13.780 believe
00:29:14.080 law
00:29:14.660 dictates
00:29:15.460 what
00:29:16.280 someone
00:29:16.600 will
00:29:16.840 or
00:29:16.940 won't
00:29:17.120 do
00:29:17.280 for
00:29:17.400 the
00:29:22.080 issue
00:29:22.240 is
00:29:22.400 your
00:29:22.560 culture
00:29:22.920 and
00:29:24.420 as
00:29:24.560 we
00:29:24.680 watched
00:29:24.940 this
00:29:25.140 happen
00:29:25.400 we
00:29:25.600 sought
00:29:25.860 to
00:29:26.060 enforce
00:29:26.620 a
00:29:26.820 machine
00:29:27.300 against
00:29:27.840 a
00:29:28.020 degrading
00:29:28.440 culture
00:29:28.820 and
00:29:29.640 now
00:29:29.860 New
00:29:30.100 York
00:29:30.300 exemplifies
00:29:31.020 it
00:29:31.240 people
00:29:32.040 walk
00:29:32.320 their
00:29:32.500 dog
00:29:32.740 their
00:29:32.880 dog
00:29:33.120 craps
00:29:33.440 and
00:29:33.520 they
00:29:33.620 say
00:29:33.820 who
00:29:34.360 cares
00:29:34.600 no
00:29:35.460 one
00:29:35.580 else
00:29:35.760 picks
00:29:35.980 it
00:29:36.060 up
00:29:36.160 why
00:29:36.340 should
00:29:36.520 I
00:29:36.700 look
00:29:37.480 there's
00:29:38.040 500
00:29:38.420 piles
00:29:38.820 of
00:29:38.960 crap
00:29:39.200 what's
00:29:39.540 one
00:29:39.760 more
00:29:40.080 the
00:29:40.860 snowflake
00:29:41.420 doesn't
00:29:42.000 blame
00:29:42.240 itself
00:29:42.600 for
00:29:42.960 the
00:29:43.100 avalanche
00:29:43.560 I'm
00:29:45.580 going to
00:29:45.700 show
00:29:45.860 you
00:29:45.980 this
00:29:46.220 here's
00:29:52.080 sustained
00:29:52.500 population
00:29:53.240 outflow
00:29:53.820 with
00:29:54.980 415,449
00:29:57.140 people
00:29:57.460 leaving
00:29:57.720 New York
00:29:58.020 State
00:29:58.240 in
00:29:58.360 2024
00:29:58.840 and
00:29:59.620 significant
00:29:59.940 numbers
00:30:00.340 continuing
00:30:00.740 into
00:30:00.920 early
00:30:01.160 2026
00:30:01.840 driven
00:30:02.060 by
00:30:02.220 high
00:30:02.480 costs
00:30:02.920 taxes
00:30:03.500 and
00:30:04.020 desire
00:30:04.440 for
00:30:04.680 more
00:30:04.840 space
00:30:05.220 while
00:30:05.920 the
00:30:09.900 pandemic
00:30:10.180 era
00:30:10.560 5.3%
00:30:12.180 population
00:30:12.580 drop
00:30:12.840 was the
00:30:13.080 most
00:30:13.240 severe
00:30:13.660 a
00:30:14.400 steady
00:30:14.700 ongoing
00:30:15.180 regional
00:30:15.640 shuffle
00:30:16.020 sees
00:30:16.760 residents
00:30:17.100 moving
00:30:17.440 to
00:30:17.660 warmer
00:30:18.020 lower
00:30:18.320 tax
00:30:18.680 states
00:30:19.000 like
00:30:19.580 Florida
00:30:19.940 and
00:30:20.580 Texas
00:30:20.900 or
00:30:21.100 even
00:30:21.260 nearby
00:30:21.560 Philadelphia
00:30:22.000 they
00:30:24.020 say
00:30:24.180 the
00:30:24.280 key
00:30:24.420 drivers
00:30:24.740 are
00:30:24.860 high
00:30:25.020 cost
00:30:25.320 of
00:30:25.420 living
00:30:25.600 housing
00:30:25.940 childcare
00:30:26.340 and
00:30:26.540 overall
00:30:26.840 expenses
00:30:27.360 concerns
00:30:28.580 of the
00:30:28.900 city's
00:30:29.160 future
00:30:29.460 and
00:30:29.580 high
00:30:29.780 taxes
00:30:30.200 specifically
00:30:31.060 the
00:30:31.300 salt
00:30:31.520 deduction
00:30:31.880 cap
00:30:32.240 and
00:30:32.740 potential
00:30:33.020 new
00:30:33.280 local
00:30:33.580 tax
00:30:33.860 increases
00:30:34.300 have
00:30:34.820 driven
00:30:35.080 10%
00:30:35.720 of
00:30:35.900 households
00:30:36.280 earning
00:30:36.520 over
00:30:36.740 10
00:30:36.980 million
00:30:37.220 to
00:30:37.820 depart
00:30:38.120 between
00:30:38.480 2018
00:30:38.960 and
00:30:39.180 2023
00:30:39.640 major
00:30:40.640 corporations
00:30:41.120 like
00:30:41.360 JP
00:30:41.600 Morgan
00:30:41.940 Goldman
00:30:42.580 Sachs
00:30:42.980 and
00:30:43.080 Morgan
00:30:43.280 Stanley
00:30:43.580 are
00:30:43.860 moving
00:30:44.240 operations
00:30:44.880 and
00:30:45.460 staff
00:30:45.840 to
00:30:46.000 other
00:30:46.180 states
00:30:46.500 the
00:30:47.340 exodus
00:30:47.740 which
00:30:48.440 initially
00:30:48.740 peaked
00:30:49.160 in
00:30:52.000 families
00:30:52.260 and
00:30:52.400 the
00:30:52.500 very
00:30:52.680 wealthy
00:30:53.000 although
00:30:53.780 some
00:30:54.080 areas
00:30:54.320 like
00:30:54.520 Manhattan
00:30:54.860 saw
00:30:55.160 a
00:30:55.340 slight
00:30:55.560 stabilization
00:30:56.280 understand
00:30:57.920 this
00:30:58.440 go
00:31:00.060 skiing
00:31:00.500 have
00:31:02.000 you ever
00:31:02.160 been
00:31:02.280 skiing
00:31:02.540 or
00:31:02.680 snowboarding
00:31:03.080 people
00:31:04.260 just
00:31:04.600 put
00:31:04.840 their
00:31:05.020 thousands
00:31:05.480 of
00:31:05.780 dollars
00:31:06.100 in
00:31:06.340 ski
00:31:06.540 equipment
00:31:06.840 up
00:31:07.140 against
00:31:07.380 a
00:31:07.540 rack
00:31:07.780 and
00:31:08.000 walk
00:31:08.300 away
00:31:08.580 go
00:31:08.820 inside
00:31:09.240 and
00:31:09.480 drink
00:31:09.900 cocoa
00:31:10.240 or
00:31:10.400 use
00:31:10.520 the
00:31:10.640 bathroom
00:31:10.940 they
00:31:11.800 are
00:31:11.920 not
00:31:12.100 concerned
00:31:12.500 at
00:31:12.700 all
00:31:12.900 that
00:31:13.400 someone
00:31:13.660 will
00:31:13.940 steal
00:31:14.400 their
00:31:14.800 ski
00:31:15.020 equipment
00:31:15.380 this
00:31:16.200 is
00:31:16.360 called
00:31:16.580 high
00:31:16.840 trust
00:31:17.280 but
00:31:17.980 guess
00:31:18.100 what
00:31:18.340 these
00:31:19.080 people
00:31:19.280 are
00:31:19.420 also
00:31:19.620 very
00:31:19.880 wealthy
00:31:20.220 I
00:31:21.020 am
00:31:21.140 not
00:31:21.380 particularly
00:31:21.940 concerned
00:31:22.580 with
00:31:23.120 someone
00:31:23.400 stealing
00:31:23.800 my
00:31:24.100 skis
00:31:24.540 because
00:31:25.140 the
00:31:25.380 dude
00:31:25.720 who's
00:31:25.960 put
00:31:26.120 his
00:31:26.240 skis
00:31:26.460 next
00:31:26.680 to
00:31:26.820 mine
00:31:27.080 is
00:31:27.420 also
00:31:27.720 rich
00:31:28.220 so
00:31:29.440 here's
00:31:29.620 what
00:31:29.680 happens
00:31:30.040 wealthy
00:31:31.400 and
00:31:32.200 high
00:31:32.440 trust
00:31:32.820 go
00:31:33.120 hand
00:31:33.340 in
00:31:33.460 hand
00:31:33.680 not
00:31:33.980 perfectly
00:31:34.400 culture
00:31:35.920 and
00:31:36.180 religion
00:31:36.440 and
00:31:36.640 faith
00:31:36.820 do
00:31:36.980 as
00:31:37.100 well
00:31:37.300 when
00:31:38.360 the
00:31:38.500 wealthier
00:31:38.920 individuals
00:31:39.360 begin
00:31:39.640 to
00:31:39.840 leave
00:31:40.220 these
00:31:40.680 are
00:31:40.780 people
00:31:41.000 who
00:31:41.120 are
00:31:41.200 willing
00:31:41.360 to
00:31:41.480 work
00:31:41.640 harder
00:31:41.880 you
00:31:42.840 are
00:31:42.980 left
00:31:43.280 with
00:31:43.620 low
00:31:44.020 trust
00:31:44.400 and
00:31:45.120 higher
00:31:45.360 poverty
00:31:45.680 individuals
00:31:46.160 the
00:31:47.720 city
00:31:47.880 is
00:31:47.980 going
00:31:48.080 to
00:31:48.160 fall
00:31:48.300 apart
00:31:48.620 nay
00:31:49.980 it
00:31:50.560 already
00:31:50.880 is
00:31:51.220 and
00:31:52.040 it's
00:31:52.180 sad
00:31:52.340 to
00:31:52.460 see
00:31:52.620 Trump
00:31:53.280 saved
00:31:53.620 it
00:31:53.740 in
00:31:53.800 the
00:31:53.880 80s
00:31:54.140 they
00:31:54.260 say
00:31:54.460 he
00:31:55.400 brought
00:31:55.720 in
00:31:56.040 high
00:31:56.700 high
00:31:57.580 income
00:31:58.360 clientele
00:31:59.280 to buy
00:31:59.780 into
00:32:00.300 his
00:32:00.500 buildings
00:32:00.800 because
00:32:01.100 he
00:32:01.360 created
00:32:01.840 this
00:32:01.980 idea
00:32:02.220 of
00:32:02.380 prestige
00:32:02.920 and
00:32:03.300 class
00:32:03.740 this
00:32:04.800 generated
00:32:05.140 more
00:32:05.340 tax
00:32:05.620 revenue
00:32:05.900 allowed
00:32:06.640 for
00:32:06.800 the
00:32:06.920 services
00:32:07.280 that
00:32:07.600 they
00:32:07.700 needed
00:32:08.060 to
00:32:08.220 clean
00:32:08.400 the
00:32:08.520 city
00:32:08.680 up
00:32:08.860 and
00:32:09.060 they
00:32:09.180 did
00:32:09.360 and
00:32:10.500 now
00:32:10.800 it's
00:32:11.280 going
00:32:11.440 the
00:32:11.560 more
00:32:17.120 to
00:32:17.300 come
00:32:17.580 we'll
00:32:18.560 be
00:32:18.660 back
00:32:18.840 tonight
00:32:19.020 for
00:32:19.180 8
00:32:19.300 8
00:32:20.320 PM
00:32:20.580 subscribe
00:32:21.320 share
00:32:21.740 this
00:32:21.920 video
00:32:22.120 thank
00:32:22.360 you
00:32:22.440 so
00:32:22.580 much
00:32:22.780 and
00:32:23.140 we'll
00:32:23.240 see
00:32:23.400 you
00:32:23.500 all
00:32:23.660 in
00:32:23.780 the
00:32:23.860 next
00:32:24.040 show