The Spectacle Ep. 410: Commie Mamdani’s War on Property Owners | The American Spectator

The Spectacle Ep. 410: Commie Mamdani’s War on Property Owners

If implemented, Mamdani's tax the rich scheme will reshape New York — and not for the better.

NYC Mayor Zohran Mamdani at a rally commemorating the first anniversary of the implementation of the Central Business District Tolling Program (CBDTP) on Jan 5, 2026 (Marc A. Hermann / MTA)

New York Mayor Zohran Mamdani’s proposal to tax properties worth $5 million or more — otherwise known as the “pied-à-terre” tax — is a ploy to throw out Americans out of the Big Apple and replace them with foreign investors. (READ MORE: New York’s Envy Tax)

The Spectacle Podcast hosts Melissa Mackenzie and Scott McKay criticize Mamdani’s communist rule in New York, pointing out his incompetence to bring the city back to its former glory. Melissa and Scott call out his aggressive housing inspections and expand on the “tax the rich” scheme that Mamdani wants to push on landowners. They also discuss the current standings of Mamdani amongst his constituents and the implications of his communist policies in the long term. (RELATED: Five Quick Things: A Quite Cranky 5QT)

Tune in to hear their discussion!