By Esteban Capdepon Sendra

New York (EFE).- Six months into his term, the juxtaposition of «socialism» and New York City (the cradle of modern capitalism) still feels jarring. Yet, Mayor Zohran Mamdani reaches the halfway point of his first year with a new tax on the wealthy now in effect, fulfilling a key campaign promise, all while the city is still coming down from the high of a historic Knicks championship.

Once considered a political outsider, the former Assembly member is rapidly becoming a blueprint for progressive candidates within the Democratic Party. His political approach, having already crossed the Hudson River, is now looking to gain momentum ahead of November’s elections.

Mamdani: «Tax the rich»

«When I ran for mayor, I said I was going to tax the rich. Well, today we’re taxing the rich.» Direct and to the point, Mamdani introduced New York’s new luxury second-home tax in one of his now-signature viral social media videos.