In part two of Red Eye Radio with Gary McNamara and Eric Harley, NYC Mayor Zohran Mamdani is floating an extreme new proposal to change the state’s estate tax — a move that would hurt middle-class New Yorkers and their loved ones. The socialist mayor wants to drastically slash the estate tax exemption threshold from the $7 million limit to just $750,000, a drop of more than 90%.
Also the co-founder of Uber is the latest billionaire to leave California to escape Gov. Gavin Newsom's wealth tax.
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