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Hannity Warns: NYC’s Tax Hike Plan Punishes Success

Sean Hannity was blunt on his show: New Yorkers are getting exactly what they voted for as Mayor Zohran Mamdani rolled out a radical tax-and-spend blueprint to paper over an inherited fiscal mess. Hannity slammed the proposal as a predictable result of electing a progressive who thinks punishing the successful is a sustainable budget plan.

Mamdani’s preliminary FY2027 budget balloons to roughly $127 billion and openly contemplates a 9.5 percent property tax increase as a fallback if Albany won’t hand him new taxing authority. The plan also leans heavily on squeezing high earners and profitable corporations, a classic progressive posture that pretends redistribution is a cure-all.

Meanwhile, the city faces mounting costs tied to the migrant crisis, and Mamdani’s budget includes yet more spending to manage that burden, with recent reporting showing billions already spent and more on the way. Instead of securing firm border policies and federal accountability, the mayor wants New Yorkers to foot another tab — an outrage when working families are the ones who ultimately pay.

Mamdani openly asked state lawmakers for a 2 percent surcharge on New Yorkers making more than $1 million a year, arguing it would close nearly half the gap, while warning that without Albany’s cooperation he’ll raid reserves and raise property taxes. Conservatives are right to call this what it is: a political choice to tax ambition and shrink the American Dream in Gotham.

This crisis didn’t appear overnight — the new administration inherited a double-digit shortfall after years of fiscal mismanagement, prompting the naming of a veteran budget director to try to steady the ship amid a looming $10 billion-plus gap. But acknowledgement of a problem does not excuse the remedy of more taxes and more spending; that only guarantees another crisis down the road.

Hardworking New Yorkers should take this as a stark choice: accept a future of higher bills and diminished prospects, or demand accountability and common-sense reforms that cut waste, secure the border, and protect homeowners. If voters want fiscal sanity, now is the time to push back against the tax-and-raid approach and remind elected officials that prosperity comes from freedom and responsibility, not endless government largesse.

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