HomeBudget & Tax NewsDe Blasio: ‘Help Me Tax the Wealthy. Help Me Redistribute Wealth’

De Blasio: ‘Help Me Tax the Wealthy. Help Me Redistribute Wealth’

During a radio interview on August 28, New York City Mayor Bill de Blasio, a self-proclaimed socialist, said, “Help me tax the wealthy. Help me redistribute wealth. Help me build affordable housing in white communities if you want desegregation.”

De Blasio’s diatribe came in response to a caller asking about school integration efforts in the Big Apple.

In case you are confused about how taxing the so-called wealthy out the wazoo and confiscating people’s property has anything to do with school integration, you are not alone.

De Blasio added, “If you just talk about it and feel self-satisfied, god bless you. That’s not actually going to change things. What changes things is redistribution of wealth. Tax the wealthy at a much higher level.”

As usual, de Blasio is conflating issues and resorting to socialist dogma, which will only make the problems in New York City worse.

And life in New York City is no picnic. Crime is rampant. Murders are skyrocketing. Businesses are shutting down at an unsustainable pace due to overly harsh lockdowns courtesy of de Blasio. In general, New York City is morphing back into the violent hellhole of decades ago.

No wonder New York City’s residents are fleeing the dystopian nightmare de Blasio has created in record numbers.

According to Moon Salahie, owner of Elite Moving & Storing in Yonkers, “People are fleeing the city in droves.” The statistics are mindboggling.

As The New York Times recently reported, “According to FlatRate Moving, the number of moves it has done has increased more than 46 percent between March 15 and August 15, compared with the same period last year. The number of those moving outside of New York City is up 50 percent—including a nearly 232 percent increase to Dutchess County and 116 percent increase to Ulster County in the Hudson Valley.”

Given the chaos that has overtaken New York City in recent months, one would assume city leaders would be doing everything in their power to maintain a semblance of safety. However, under the failed leadership of Comrade de Blasio, the exact opposite is taking place.

Shockingly, de Blasio approved a $1 billion cut to the New York Police Department. De Blasio is on the leading edge of the insane Defund the Police Movement. “This budget prioritizes our communities most in need while keeping New Yorkers safe,” de Blasio said. “As we emerge from the epicenter of COVID-19, it’s now more important than ever to create a fairer city for all.”

In reality, de Blasio’s defunding of the NYPD will only make the city less safe and less fair.

De Blasio himself has little to worry about in that regard. As the mayor, he is protected 24/7 by a private security force that makes him literally untouchable. Of course, the vast majority of New Yorkers, especially those in crime-ridden neighborhoods, do not have the luxury of a private security team at their beck and call.

De Blasio, like almost every socialist leader before him, is a total hypocrite. “Do as I say, not as I do” could very well be the mantra for de Blasio’s next campaign.

What is perhaps most troubling about de Blasio’s wealth redistribution scheme is that he does not practice what he preaches.

In 2019, the de Blasios earned $252,172. That same year, they paid $42,265 in federal income taxes. The couple also coughed up $15,685 in state taxes and $9,143 in city taxes. In total, the de Blasios paid just more than $67,093 in taxes in 2019. That means the de Blasios’ tax rate was about 25 percent.

That is far below what DeBlasio is demanding from New York City’s so-called wealthy residents. Oh, and Mr. Wealth Redistribution contributed a paltry $1,260 to charities in 2019. For perspective, that is much more than the itsy bitsy $350 Comrade de Blasio donated to charities in 2017.

In short, de Blasio should put his money where his mouth is, instead of using his authority as the mayor of NYC to berate the people that built the Big Apple into the financial juggernaut that it became before he took office and put the city back on the road to ruin.

If the current trend continues, de Blasio’s wealth redistribution scheme will fail worse than his pathetic presidential run in 2019.

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