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08.03.26 - 03:36
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New York Millionaire′s Club Says They′re Happy Paying Higher Taxes Under Mamdani (ZeroHedge)
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New York Millionaire's Club Says They're Happy Paying Higher Taxes Under Mamdani
Sigh. It's all so exhausting. Not all of New York's wealthiest residents are sounding alarms over Mayor Zohran Mamdani's plan to raise taxes on high earners. In fact, a small group of millionaires says the backlash is a bit over the top, according to Bloomberg.
Members of the Patriotic Millionaires — including filmmaker Abigail Disney, granddaughter of Roy O. Disney of The Walt Disney Company — argue the rich can easily afford to contribute more if it helps fund things like schools, transit and child care.
“I've gotten tax cut after tax cut after tax cut. And I never needed any of them,” Disney said, backing Mamdani's proposed 2-percentage-point income-tax surcharge on millionaires. “All these things have fallen out from under the middle class — an education system that works, public transportation, infrastructure, health care.”
Bloomberg writes that the mayor has floated several ways to boost...
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05.03.26 - 14:48
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Disney Bull vs Bear: What Big Changes at the Entertainment Giant Really Mean for Investors (24/7 Wall St.)
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Walt Disney (NYSE: DIS) is at an inflection point. With Bob Iger stepping aside and parks chief Josh D'Amaro set to take the helm, combined with a $9.25 billion credit facility secured on March 3, 2026, investors face a genuine fork in the road. Here is what each side of the argument looks like for ... Disney Bull vs Bear: What Big Changes at the Entertainment Giant Really Mean for Investors
The post Disney Bull vs Bear: What Big Changes at the Entertainment Giant Really Mean for Investors appeared first on 24/7 Wall St.....
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