Curtis Sliwa on NYC Tax Policy, Congestion Pricing, and Business Flight
CNBC TelevisionSeptember 7, 20254 min4,533 views
8 connections·12 entities in this video→Candidate's Message to Business Community
- 💡 Curtis Sliwa, running as a Republican, aims to address the flight of capital and residents from New York City, citing the departure of 118,000 residents and $118 billion in wealth in two years.
- 🎯 He highlights that businesses are moving to states like Florida, Georgia, North Carolina, South Carolina, Texas, and Tennessee due to New York's high tax environment.
Proposed Tax and Economic Reforms
- 💰 Sliwa advocates for slashing taxes, including income tax, property tax, and business tax, to retain businesses and residents.
- 📈 He contrasts New York City's corporate tax rate of 17.5% with Miami's 5.5%, explaining the allure of southern Florida.
Opposition to Congestion Pricing
- 🚗 Sliwa is the only candidate opposed to congestion pricing, viewing it as an additional tax to compensate for unpaid subway fares.
- 📉 He argues that congestion pricing, along with a lack of foot traffic, contributes to the closure of small businesses, particularly south of 60th Street, leading to the city's decline.
Contrasting Political Philosophies
- socialist socialist policies, including rent freezes and free bus fare, which he believes will further drive people away.
- 🏛️ Sliwa champions Republican pro-business positions, emphasizing tax cuts and support for small businesses and homeowners burdened by property taxes.
Stance on Citizenship and Sanctuary Cities
- 🗳️ He opposes allowing non-citizens to vote, asserting that only citizens should have this right.
- 🚫 Sliwa also disagrees with the concept of a sanctuary city, suggesting such policies should be put to a general population vote.
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What’s Discussed
Curtis SliwaNYC Mayoral RaceTax PolicyCongestion PricingBusiness FlightNew York City EconomyRepublican PartyGuardian AngelsCapital FlightSmall BusinessProperty TaxCorporate TaxSocialismSanctuary CityVoter Rights
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