How Dems keep sucking up taxpayer cash even as they squander what they take

While Democrats nationwide cheer socialist demands to raise taxes, they simultaneously demonstrate every day how incompetently they spend the money they already take from us.Mayor Zohran Mamdani’s fish-eyed smirk in his “tax day” video — smugly gloating, “We’re taxing the rich!” — was just the most extreme recent example of Dem greed.He insists high-earners “pay their fair share” to fund his dreams of free buses, day care and cheap groceries.Yet on Monday, The Post offered a painful example of how government simply wastes the billions it already squeezes from taxpayers: Turns out the city rented and built out dozens of day-care centers under Mayor Bill de Blasio that, more than five years later, are sitting empty.The price tag: a whopping $100 million.And taxpayers are still shelling out millions a year in rent and utilities for these vacant spaces.It’s not entirely clear what happened (with government, it never is!), but it seems the city didn’t bother to conduct basic market research: Despite Mamdani’s claims to the contrary, it seems the public is not frantically desperate for free city-run child care in every corner of the city.Can there be a more convincing illustration of a service better left to the private sector, whose money is at risk when no customers show up? Subscribe to our daily Post Opinion newsletter! Please provide a valid email.

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Meanwhile, dozens of elected Democrats, including Sens.Bernie Sanders (Vt.) and Elizabeth Warren (Mass.) and New York Reps.

Alexandria Ocasio-Cortez (Queens) and Dan Goldman (Manhattan) are pushing for a 5% annual wealth tax on the richest 260,000 American households to achieve “basic fairness,” says Warren.It might help Warren’s argument if her party weren’t so reckless with the trillions of dollars it already spends, with massive cash swirling down t...