Mamdani's tax hike will land him 'Real Estate Agent of the Year' after inevitable exodus: Kevin O'Leary
Share this @internewscast.com

Mr. Wonderful, also known as Kevin O’Leary, has a rather sarcastic take on the latest proposal from New York City’s Mayor Zohran Mamdani.

O’Leary jokingly applauded the mayor’s plan for a 9.5% property tax increase, calling it “bat cuckoo crazy” and predicting it will earn Mamdani the title of “Real Estate Agent of the Year” soon.

“What he’s suggesting is utterly outlandish, but I find it amusing. You residents here, you’re not contributing enough. You should be paying 110% because cutting spending isn’t on his agenda,” O’Leary commented during an appearance on CNN’s “NewsNight.”

Earlier that day, Mamdani unveiled his ambitious $127 billion preliminary budget, which includes the hefty tax hike.

The proposed increase serves as a warning to Albany and Governor Kathy Hochul, pressing them to approve his desired income tax hike targeting millionaires.

Mamdani clarified that these tax hikes would be a “last resort” if the state government fails to meet his demands.

“The options of the second path are the options of last resort, options that we will only employ if there is no other means of arriving at a balanced budget,” he said.

O’Leary claims Mamdani’s initiatives will push New Yorkers out of the Big Apple in a mass exodus that would benefit his own business in Florida.

“Probably sometime next year, within the next 12 to 18 months, I will meet him in Miami and give him real estate agent of the year award because I’m not happy with what’s happening.

“Everybody from New York, New Jersey and Massachusetts is moving into my neighborhood,” the “Shark Tank” star said about the frustrations with his new neighbors in Miami Beach. “I’m pissed off, and this guy’s just doing more of it.”

An enthusiastic O’Leary was told to stop yelling by host Abby Phillips as the panel discussed income tax hikes in the city over the past 10 years.

“I’m not mad about it, I’m excited, because I want you to pay not me,” O’Leary shot back.

The Post has reached out to City Hall.

“The View” co-host Ana Navarro sided with O’Leary, saying the targeted New Yorkers would find a way to get out of paying the taxes.

“When you put a hike on taxes just on the very wealthy, you run the risk of those very wealthy not paying it because they’ll find a way to have a loophole and skirt those taxes, even if it means moving to Indian Creek (Florida) and living in a billionaire’s bunker,” Navarro said.

“It’s not the person making a million dollars a year, which in New York it’s not as much as it sounds, it’s the person making $50 million that’s moving,” she added.

Share this @internewscast.com
You May Also Like
New American revolution brewing in Boston after RFK Jr. sets health safety sights on Dunkin'

RFK Jr. Sparks Modern Revolution in Boston: Targets Dunkin’ for Health Safety Overhaul

Donut Mess with Dunkin’! Health Secretary Robert F. Kennedy Jr. has challenged…
Karoline Leavitt unloads on Kaitlan Collins, says CNN wants 'to make the president look bad' with 6 service members killed in Iran war

Karoline Leavitt Criticizes Kaitlan Collins, Accuses CNN of Intentional Bias in Coverage of Iran Conflict and Service Member Casualties

In a passionate defense on Wednesday, White House Press Secretary Karoline Leavitt…
Stealth bombers landing at UK bases 'in days' after Trump pressures Starmer: report

Stealth Bombers Expected to Arrive at UK Bases Soon Following Trump-Influenced Discussions with Starmer: Report

Reports suggest that American stealth bombers are poised to arrive at U.K.…
Ex-Secretary of State Condoleezza Rice says Trump needs to 'take care' of Iran for good

Condoleezza Rice Urges Trump to Address Iran with a Lasting Solution

Condoleezza Rice, the former U.S. Secretary of State, characterized the Trump administration’s…
LA City Hall showdown over $1.3B homeless spending debate

Intense Debate Unfolds at LA City Hall Over $1.3 Billion Homelessness Budget

“Get me off this merry-go-round from hell,” expressed Councilwoman Monica Rodriguez with…
54th annual 'Bronx Week' abruptly canceled by borough president, leaving locals outraged

Bronx Week 2023: Sudden Cancellation Sparks Outrage Among Locals – Here’s What Happened

The decision to cancel the 54th annual “Bronx Week” has not been…
Iranian-American activist Masih Alinejad torches phony Kamala Harris over former Vice President's criticism of Trump

Iranian-American Activist Masih Alinejad Criticizes Vice President Harris for Remarks on Trump

Kamala, who? An outspoken Iranian-American activist, who has narrowly escaped multiple assassination…
Police warned prosecutors 3 times about violent illegal immigrant before he allegedly killed Virginia mother

Tragic Oversight: Repeated Police Warnings Ignored Before Suspect Allegedly Kills Virginia Mother

Recent revelations from uncovered emails indicate that the Fairfax County Police Department…
Arkansas man accused of killing daughter's alleged abuser wins GOP nomination in sheriff's race

Arkansas Man, Accused of Killing Daughter’s Alleged Abuser, Secures GOP Nomination in Sheriff’s Race

An Arkansas father, charged with second-degree murder for allegedly shooting a man…
Jim Carrey's face is up for debate. No, seriously

Debate Surrounds Jim Carrey’s Facial Expressions in Latest Discussion

It seems the recent buzz surrounding Jim Carrey’s appearance at a prestigious…
Cuba blackout leaves millions without power

Widespread Power Outage Leaves Millions in Cuba Without Electricity

Havana and other parts of western Cuba were plunged into darkness on…
Watch: Speaker Blasts Dems for Shutting Down DHS Amid Iranian Threats

Speaker’s Fiery Rebuke: How Dems’ DHS Shutdown Fuels Iranian Threat Concerns

On Wednesday morning, Mike Johnson, the Republican Speaker of the House from…