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3 hours ago

NYC mayor cites $180K racial wealth gap to justify taxes, police cuts

New York City Mayor Zohran Mamdani is pointing to stark racial wealth disparities — including a gap of more than $180,000 between White and Black households — to justify expanding diversity initiatives, raising taxes and cutting police positions.Mamdani last week released a 375-page "Preliminary Racial Equity Plan" that argues systemic racism is a key driver of those disparities, with White households holding more than $200,000 in median wealth compared to less than $20,000 for Black households.MAMDANI PLAN POURS MILLIONS INTO ‘RACIAL EQUITY’ OFFICES AND SIX-FIGURE DIVERSITY JOBS, CUTS 5,000 N...

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