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NEW YORK, NY — Mayor-elect Zohran Mamdani announced plans on Thursday to specifically target the rich with a new tax on anyone who makes more than $0.00 a year.

The plan, dubbed the "How Much You Got?" Tax, was expected to go into effect in January after Mamdani officially takes office. He has called the tax a day-one initiative, claiming his bread lines would be a disaster without the increased revenue from taking all of everyone's money.

"Everything will be free because we'll use everyone's money to pay for it," Mamdani said. "It's basic economics. You wouldn't understand."

Officially, Mamdani has no authority to raise taxes in the city (other than property taxes) without the cooperation of the New York State Legislature. However, experts believe he'll receive

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