""What he is proposing is beyond insane, but I love it. You guys live here, you're not paying your fair share. You got to pay 110%, that's the right thing to do because he's not cutting spending," O'Leary said on CNN's "NewsNight." Hizzoner announced the large tax increase as part of his proposed $127 billion preliminary budget plan earlier in the day."
""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.""
Zohran Mamdani proposed a 9.5% property tax increase as part of a $127 billion preliminary budget. The proposed hike was framed as leverage against Albany and Gov. Kathy Hochul to secure an income tax increase on millionaires. Mamdani described the property tax options as measures of last resort if no other path to a balanced budget emerges. Kevin O'Leary publicly mocked the proposal, calling it "beyond insane" while predicting a mass exodus of residents to Florida that would boost his real estate business. O'Leary said he would reward Mamdani with a tongue-in-cheek "real estate agent of the year" award.
Read at New York Post
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