Economy

As expected, no rate change.

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lol before trump got in office it was 2.1%…

Interest rates were much higher than that.

Madami in NYC is apparently going to tax 17,000 properties in NY that are owned by ppl out of state and tax them. It is estimated around 390 million dollars a year will be raised. I know CDN Kevin O Leary has homes in NYC and Miami hates this tax. The CNBC article did not give specific addresses in NYC and how much they would be taxed. Trump hates the tax says he will try to stop it federally.

Correct they were much higher 5.5% at one point.

Well done, Democrats. By the time his term is over, he will be taxing empty buildings into prosperity and the city will be rich in bankruptcy.

From all accounts, the city is doing great under this guy. Unlike your nation which is floundering under the obese orange idiot.

Mamdani has done a terrific job. I was not expecting results to be so quick. I was expecting actions to be done quickly and the effects to take some time. Taxing the hell out of the billionaires has been a great strategy.

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Sure, it is. He turned short-term savings into long-term penalties.

Penalties for billionaires, Michele. Huge benefits for normal people.