by Monica Showalter
America, as a concept, has always sickened the radical left.
The idea that ordinary people can own their own homes, have garages full of expensive sports equipment, save and go to college, and drive around in their own cars on big open highways, escaping 'all proper control' as the Duke of Wellington once put it, has always upset the left.
It's bad for the left's revolutionary prospects, because proletarians with these freedoms never vote for Marxist revolution. Ever since the dawn of the 20th century, that has confounded and disappointed the left. It's why America, as Tom Wolfe put it, has the stability of a vinyleather sofa.
But a lot has happened since that essential lesson of history and today's leftists seem to understand more about why the proles refuse to consent to full government control over their lives the same way less fortunate societies have done.
That's what I see when I watch California's governor, Gavin Newsom, announce that he wants to tax "Trump accounts" up the wazoo -- the accounts being IRA-style college savings accounts gifted to all babies during the Trump years, and funded in part by a generous gift by Texas computeer magnate Michael Dell. The prospect of children going to college with their own savings is just too much for those of his ilk.
Newsom took one look at that gift-of-a-lifetime to give every baby a future and his first thought was how he could tax it into giving him his slice -- and how to take away some of the future that would come of saving one's money.
According to Americans for Tax Reform:
California is purposefully making it difficult for families to use Trump Accounts.
The California Franchise Tax Board announced it will refuse to treat newly created Trump Accounts as tax-deferred accounts for state tax purposes.
As the San Francisco Chronicle notes, this is a major break from the state’s normal practice regarding retirement accounts:
“[California] does automatically conform to most laws relating to retirement accounts such as IRAs, 401(k) plans and pensions. However, the Franchise Tax board has determined that even though the Trump Accounts are defined as a new type of IRA, the state does not conform to the section of the federal tax code that created them.”
Of all the things he could tax, he comes up with this? Tax something, get less of it -- and this measure is nothing less than a disincentive to savings that will ensure that fewer kids can have funding to go to college. That's what he wants -- he already got his and the billionaires have left the state, so that leaves the middle class to figure out how to tax more.
All this, at a time when he's incentiving illegal immigration from foreign countries, to create a vast helot class of dependents who will vote solely for Democrats to keep themselves fed as if they were the recipients of seal biscuits tossed their way as it's done at Sea World; or, the way bags of beans were thrown to red-shirted shantytown dwellers to secure votes for Hugo Chavez in Venezuela.
They will always get their crumbs, but the ordinary American trying to save for college, is out of luck. Foreigners get largess -- Americans get taxed in ways they've never been taxed before.
I see nothing but nullification of the American Dream in this outrageous move.
But Newsom is not alone. Around the same time Newsom was pushing this stomp-out-America idea, New York'sMayor Zohran Mamdani had his fingers on another aspect of the Dream. A Marxist, he's out to expropriate private property.
That's obvious enough in this nightmarish estate-tax plan for New York City's residents.
According to Bloomberg News:
New York City Mayor Zohran Mamdani wants to slash New York state’s estate tax exemption threshold by almost 90%, from a more than $7 million limit to $750,000, and raise the top estate tax rate from 16% to 50%.
The proposal was included among nearly a dozen potential revenue-raising ideas Mamdani’s office circulated in a memo in recent weeks to state lawmakers negotiating the state budget. Mamdani is facing a $5.4 billion city budget deficit for the fiscal year that begins July 1, and is seeking help from the state legislature in raising money to close the gap.
So your property is no longer your property if you are foolish enough to die and will the home to your kids. You will be taxed to kingdom come, to the point that the entire value of the property no longer meaningfully belongs to you.
That diabolical plan no longer goes for just multi-million-dollar mansions, it goes for Archie Bunker row houses with postage-stamp lawns out in Queens, or ranch houses out on Staten Island, which easily fall into the $750,000 range in New York City, and most are actually above that.
Die, and you can only pass half of it onto your kids, because the government takes the rest. Half of your houses are belong to us, to paraphrase the gibberishy meme.
According to Google AI, here is the kind of home you would get if your home were worth $750,000, which is the taxable threshold level:
For $750,000 in New York City, you can typically purchase a studio to one-bedroom condo or co-op in Manhattan (e.g., Hell’s Kitchen, Upper East Side) or a larger 2-3 bedroom house or co-op in outer boroughs like the Bronx, Staten Island, or parts of Brooklyn. These properties often feature 1-2 bathrooms, with options for pre-war charm or modern amenities in smaller spaces.
What $750,000 Buys in NYC:
- Manhattan/Prime Areas: Small studio (approx. 400-500 sq ft) or a small 1-bedroom condo/co-op in neighborhoods like Lincoln Square, Hell’s Kitchen, or Sutton Place.
- Outer Boroughs (Bronx/Staten Island/Queens): A detached or semi-detached single-family home or a larger 2-bedroom co-op. Examples include houses in the Bronx (e.g., near Pelham Bay or Wakefield) or ranch-style homes in Staten Island.
- Amenities: At this price point, you may find amenities like doorman buildings, hardwood floors, or private decks, though high-end, newly renovated, large homes are rare.
- Emerging Neighborhoods: Areas such as Harlem, Inwood, or parts of Brooklyn offer more space for this price point compared to prime Manhattan locations.
Note: The median home price in NYC is over $800,000, so $750,000 is generally considered on the lower end for Manhattan and closer to median for outer boroughs Zillow.
Mamdani isn't out to get billionaires, which has been the standard communist line since the late 1980s.
He's out to get the little guy, the one who owns his own home and who would like to leave it to his kids, home prices being what they are. Instead of being able to leave his home to his kids, his kids will have to sell the property to hedge funds to pay the property tax and do what they can with what remains. If corporate and hedge fund buyers are no longer around, then they'll have to do a fire sale and allow the value of their properties to drop to ridiculous levels in the sale -- just to pay the property tax on the assessed rate.
If this isn't the most outrageous scheme to destroy the middle class -- all its savings and maintenance and value -- what is? We already know that Mamdani employs a leftist freak at his housing agency, someone named Cea Weaver, who views private property, including what's owned by minorities, as 'white supremacy.' Remember this creature?
According to the New York Post:
Mayor Zohran Mamdani’s newly appointed tenant advocate called to “seize private property” and blasted homeownership as a “weapon of white supremacy” in a series of pro-Communist social media posts.
Cea Weaver, Mamdani’s new director of the city Office to Protect Tenants, made the statements and urged her followers to elect more Communists in several lecturing posts on her now-deleted X account that were unearthed by internet sleuths.
“Seize private property!” she said on June 13, 2018.
Now we know they were serious. They can't stand the idea of Americans owning homes. They want to take those homes through attrition, the better to keep people from complaining.
And Newsom's serious about keeping kids out of college, depriving them of the gift they were given and ensuring no college for the non-idle-rich, meaning, underachievers like himself.
It's clearly an evil scheme they've got going -- their war is not on Republicans, or Trump, or conservativism, it's on the ordinary joe, the little guy, the person striving to get ahead. Both of these leftist pols are targeting them, their savings, their property, their intact families, and their hopes for their future. They're taking aim at the entire American Dream.
This is who they are -- Marxist expropriators. They don't care about the rich -- heck, they are the rich. They are coming after the little guy. Believe them.
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