Gerry Baker: Mamdani’s Doxing of NYC Homeowners ‘Will Do Massive Damage’

‘Will he come along with another set of proposals?’

EXCERPT:

BAKER: “We all understand paying a fair share in taxes, but they’ve been free to earn money and not to have — not to have this, not only just the fear of confiscation, but the uncertainty about confiscation. Am I going to lose this money or not? I don’t know. Is this — does my property fall into this band or not? Is he going to come along with another set of proposals or not? It’s that uncertainty that chills investment, it chills the dynamic spirits of capitalism, and it will, again, do massive damage to the city’s economy.”

 

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