New York Assemblyman Zohran Mamdani, a self-described democratic socialist, declares billionaires shouldn’t exist, right before saying he wants to work with them to create a fairer city. His proposed property tax overhaul would shift the burden from “overtaxed” outer boroughs to wealthier, whiter neighborhoods, raising eyebrows with his explicit race-based framing. The rhetoric walks a fine line between idealistic equity and political opportunism.

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