Ep. 3944 Mamdani in SHOCK as Tax Hikes BACKFIRE!!!
Turley Talks
podcast@turleytalks.com
4.8 • 1.3K Ratings
🗓️ 8 May 2026
⏱️ 17 minutes
🧾️ Download transcript
Summary
New York City's ultra-socialist mayor faces a severe backlash after attempting to implement a luxury property tax aimed at wealthy non-residents. The move triggered an exodus of major financial firms, including Citadel, with CEO Ken Griffin announcing the halt of a massive construction project in the city. As the mayor's approval ratings plummet and New York's budget deficit deepens, the implications of taxing the rich are becoming increasingly evident, showcasing a stark contrast between blue and red states in attracting business and investment.
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Highlights:
- "Taxing the rich drives financial firms out of New York City."
- "Citadel's halted construction project signals a major business migration to Miami."
- "JP Morgan's workforce decline in New York illustrates broader economic shifts to Texas and Florida."
- "The mayor's tax strategies threaten to exacerbate New York's already significant budget deficit."
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Transcript
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| 0:00.0 | The liberal globalist order is at its brink and awakening a new conservative age. |
| 0:06.5 | I'm Dr. Steve Turley. |
| 0:08.1 | Join me every day as we discover answers to today's toughest challenges and explore the |
| 0:14.1 | revitalization of conservative civilization. |
| 0:17.9 | This is Turley Talks. |
| 0:20.6 | The ultra-socialist mayor of New York City thought he could tax the rich and the rich would |
| 0:26.8 | just sit there and take it. Yes, please, sir, may have another. He was wrong, dead wrong, |
| 0:33.4 | because in the span of just two weeks, the most powerful financial players in the world, |
| 0:40.2 | they didn't write angry letters, they didn't hold press conferences, they didn't threaten, |
| 0:44.9 | they didn't complain, they just simply left. |
| 0:49.2 | They gave Mamdani the middle finger and they said adios. |
| 0:54.1 | Make sure to stick them in the very end of this |
| 0:55.7 | video because we're going to see how a 60-second tax day stunt on a Manhattan sidewalk backfired |
| 1:03.3 | spectacularly on America's socialist mayor. And how that backfire is about to get a whole lot |
| 1:10.7 | worse. |
| 1:12.2 | Hey gang, it's me, Dr. Steve, your Patriot Professor, celebrating yet another glorious day |
| 1:17.2 | in the Trumpian golden age that you made possible back in November of 2024. |
| 1:21.8 | So if you want a front row seat on how you continue to change the world in ways you never |
| 1:26.9 | even imagine, make sure to smack that |
| 1:28.9 | bell and subscribe button. Let's start with the latest polling coming out in New York because |
| 1:33.9 | Mamdani's star looks like it's very, very quickly burning out. The latest polling has him down to |
| 1:41.3 | 43% approval. That's a double-digit drop from when he was |
... |
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