Exclusive | 'Tax the Middle-Class?' Mamdanis DSA pals want to raise NYC taxes for more than the ultra-rich

Their “Tax the Rich” campaign targets millionaires, but Democratic Socialists of America lefties are now pushing for a slew of tax hikes that would slam middle-class New Yorkers.The party’s NYC chapter is asking potential candidates seeking its endorsement if they will back hiking income taxes for individuals making more than $300,000 — three times less than the $1 million threshold socialist Mayor Mamdani campaigned on.The DSA-NYC is also drumming up support from pols to tax New Yorkers with inheritances larger than $250,000, according to a copy of recent DSA candidate questionnaires obtained by The Post.The Empire State currently imposes an estate tax only if the deceased person’s assets exceed $7.35 million.Other Marxist measures pushed by the party — which has long bragged of Mamdani’s allegiance to its platform — include:DSA lawmakers have already failed trying to introduce legislation that would impose a 0.5% tax on trades in stocks, bonds and derivatives.Although not included in the questionnaires, the DSA taxman is also scheming to squeeze additional taxes out of New York married couples making more than $500,000 combined.The DSA questionnaires prove the far-left faction wants to go after average New Yorkers — not just billionaires, said NYC Councilman Frank Morano.“In New York City, someone making $300,000 isn’t a hedge-fund titan,” said the Staten Island Republican.“It’s often a small business owner, a successful contractor, or a two-income professional family trying to afford a mortgage and raise kids.“Now they want to tax inheritances starting at $250,000, punish investment income, and even curb deductions for charitable giving.That doesn’t just hit the wealthy.
It hits the middle class, the upper-middle class, and the very people who already carry the tax burden in this city.”DSA-backed pols who supported the measures in the questionnaires include Diana Morero, who won a special election last month to fill Mamdan...