Mamdani’s Platform
Mamdani’s Victory: A Historic Moment, Not a Socialist Revolution
When Zohran Mamdani won his election, I’ll admit—I hadn’t taken a deep look at his platform. But now that I have, one thing stands out: it’s not the radical socialist program some corners might have painted it to be. Sure, there are several government programs on the agenda—but since when did that become the sole criteria for labeling someone a socialist?
Programs like free city buses aren’t controversial to me. In fact, I’ve been advocating for them for years. They encourage public transit use, reduce traffic congestion, are better for the environment, and save people money. Seeing this idea on Mamdani’s platform was a pleasant surprise—and a clear signal that he's thinking practically, not ideologically.
Let’s be clear: having government programs is not socialism. Neither is wanting a more equitable city. The debates over tax rates or the size of government are legitimate, ongoing conversations in any functioning democracy. But what matters most is whether the numbers add up, and whether the programs are designed with long-term impact in mind.
And then there’s his age. In a political landscape dominated by older generations, electing someone in his early 30s to a position of this scale is a breath of fresh air. It signals a shift—a generational one—and it’s exciting to see what that brings. Youth doesn’t mean inexperience; it can also mean energy, vision, and a closer connection to the issues of the present, not just the past.
Mamdani isn’t calling for the nationalization of companies. He’s not attacking entrepreneurship. If anything, a safer, more stable, and more affordable New York is good for business. Many of his proposals are grounded in making the city more livable for everyone, and that includes the small business owners and aspiring entrepreneurs who make NYC hum with economic energy.
This is a historic election. Let’s not lose sight of that. The role he now occupies is arguably the second most powerful directly elected office in the United States. And because this is New York City—the so-called capital of the world—this local election carries global resonance. It’s being watched in cities from Mumbai to Madrid, from Nairobi to São Paulo.
What happens next is the real question. As the saying goes, you campaign in poetry, but govern in prose. The hard work begins now, and the challenge will be translating the ideals into implementable policy without losing public trust—or momentum.
And of course, in the background looms another tantalizing question: Will Alexandria Ocasio-Cortez run for Senate? Or won’t she? That could be the next tectonic shift in New York politics.
For now, Mamdani’s win marks a new chapter—not an end, not a revolution, but a fresh start. Let’s see what prose he writes.
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— Paramendra Kumar Bhagat (@paramendra) June 25, 2025
When Zohran Mamdani won his election, I hadn’t really looked at his platform. Now that I have, here’s what I see: not a socialist revolution, but a serious, progressive policy agenda with some surprisingly practical ideas. @ZohranKMamdani @AOC
Here’s a breakdown of Mamdani’s major proposals and how they could be funded within NYC’s existing $112 billion budget:
🚍 1. Fare‑free city buses
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Proposed cost: $650 million/year (en.wikipedia.org)
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NYC FY 2025 budget: $112.4 billion total (fpwa.org)
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Fare-free buses would represent 0.6% of the annual budget—significant, yes, but within ability to fund.
🧾 2. $65 million for trans health care
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His platform earmarks $57 million for gender-affirming clinics + $8 million for telehealth (en.wikipedia.org, them.us)
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That’s a small 0.06% of the total budget—relatively modest and feasible.
🏠 3. Rent freeze + affordable housing
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Cost is unspecified, but NYC already spent heavily in FY 2025 on housing, libraries, and social services (as.com, comptroller.nyc.gov)
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The City Council restored $114 million+ for housing and related programs (politico.com)
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So adding targeted rent measures could be absorbed through similar reallocations.
💲 4. $30/hour minimum wage by 2030
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Not an immediate line-item but a progressive salary structure. Long-term, this adds substantially to payroll—especially public workers.
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NYC already spends $23.5 billion on education and employs 250,000 people (en.wikipedia.org).
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Gradual phase-in over years allows budgeting and revenue adjustment.
💸 5. Funding via tax increases
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Proposes:
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2% surtax on millionaires, raising $20 billion
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Raise corporate tax rate from 7.25% to 11.5% (en.wikipedia.org)
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NYC currently collects about $27 billion in taxes annually (en.wikipedia.org)
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A $20 billion uptick would nearly double city-collected revenue—a major but not implausible shift if implemented fully and phased in over time.
✔️ 6. Existing fiscal safeguards
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NYC maintains balanced budgets by law
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Strong reserves and AA credit rating support fiscal flexibility (barrons.com)
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FY 2025 features $2–3 billion in built-in savings (PEGs), with extra state/federal reimbursements, e.g., asylum seeker funds (comptroller.nyc.gov)
🧮 Quick summary table
Proposal | Approx. Cost | % of FY 2025 Budget |
---|---|---|
Fare-free buses | $650 million/year | 0.6% |
Trans health funding | $65 million/year | 0.06% |
Housing/rent measures | TBD (similar to $100–200 M) | ~0.1–0.2% |
Minimum wage raise (phased) | Progressive impact | Budgeted over years |
Total estimated annual cost | $800–1,000 M+ | ~0.7–0.9% annually |
These additions are less than 1% of the FY 2025 budget—and crucially, Mamdani plans to fund them via major revenue increases from high earners and corporations.
✅ So—do the numbers work?
Yes—on paper. The incremental costs are modest within the overall $112 billion budget. Funding depends on enacting large surtaxes and corporate tax hikes—ambitious but achievable with state approval and over a phased timeline.
Importantly, NYC already has $2–3 billion in savings built in, healthy reserves, and a balanced-budget requirement—giving space to make these moves without immediate disruption (osc.ny.gov, fr.wikipedia.org, barrons.com).
🧭 Bottom line
Mamdani’s agenda is fiscally plausible if key revenue measures are implemented. The added program costs are small relative to NYC’s total spending, and the city operates with strong fiscal checks and reserves. The real test won’t be math on paper—it’ll be political will, state-level approvals, and gradual implementation.
What do you think of this?
— Paramendra Kumar Bhagat (@paramendra) June 27, 2025
A Radical Blueprint to Transform New York City into the World’s Greatest Metropolis https://t.co/IzOJs3h2R5
Please endorse this book: AOC 2028: : The Future of American Progressivism https://t.co/OFT21hoLmW
— Paramendra Kumar Bhagat (@paramendra) June 27, 2025
The Corporate Democrat’s Biggest Nightmare He’s on the way to becoming mayor of New York City ........ Leave it to the Democratic Party to snatch existential crisis from the jaws of electoral victory. ....... It’s one thing for Trump to call Mamdani “a 100% Communist Lunatic.” That’s to be expected from the vulgarian-in-chief. It’s another for Matt Bennett, co-founder of the centrist Democratic group Third Way, to warn that Mamdani’s “affiliation with the (Democratic Socialists of America) is very dangerous.” ......... Dangerous for whom? Bernie Sanders nearly won the Democratic primary for the 2016 presidential election after announcing he was a democratic socialist — and probably would have won had the Democratic National Committee not torpedoed him. ............ Lawrence Summers, treasury secretary under former Democratic President Barack Obama, says the New York City results make him “profoundly alarmed about the future of the (Democratic Party) and the country.” ........ Well, I’m profoundly alarmed, too — by just this kind of vacuous statement. If polls are to be believed, the current Democratic Party doesn’t have much of a future. Mamdani and other young politicians with the charisma to connect with the people and a willingness to take on corporate America and Wall Street may be the only way forward for the Democrats. ........... Nor has the mainstream media greeted Mamdani’s upset victory with much enthusiasm. The Associated Press writes that “the party’s more pragmatic wing cast the outcome as a serious setback in their quest to broaden Democrats’ appeal.” ......... Pragmatic wing?
....... If it were pragmatic — in the sense of wanting to win elections and fire up the base — Democrats would not have lost the House, Senate, and presidency in 2024. .......... the Post criticizes Mamdani’s proposals for a 2 percent annual wealth tax on the richest 1 percent of New Yorkers and for increasing the state’s corporate tax rate from 7.25 percent to 11.5 percent: “Mamdani’s tax plans would spur a corporate exodus and drive more rich people out of town, undermining the tax base and making existing services harder to maintain.” ......... The reality is that if you invest in your people — in their skills, education, affordable child care, affordable elder care, and the infrastructure needed to link them together — they’ll be more productive, and their higher productivity will attract corporations (and the wealthy). A major way to afford all these things is to raise taxes on corporations and the wealthy. ........ Mamdani is the corporate Democrat’s biggest nightmare — a young, charismatic politician winning over Democratic voters with an optimistic message centering on the cost of living. Putting together a multiethnic and multiracial coalition backed by a sprawling grassroots campaign that brings out enormous numbers of volunteers. Aiming to fund what average people need by taxing corporations and the rich. ............ Instead of wringing their hands over him, Democrats should follow his lead......... The largest force in American politics today is antiestablishment fury at a system rigged by big corporations and the wealthy to make them even richer and more powerful............ Trump is killing the economy, fueling inflation with his tariffs, reducing the U.S. government to rubble, and destroying our relationships with our allies. He’s readying another giant tax cut for the wealthy and big corporations — this one to be financed by cuts in Medicaid, food stamps, and other things average people need, along with trillions more in national debt. .......... If Democrats had had the guts years ago to condemn big money in politics, fight corporate welfare, and unrig a market that’s been rigged in favor of big corporations and the rich, Trump’s absurd bogeymen (the deep state, immigrants, socialists, trans people, diversity-equity-inclusion) wouldn’t have stood a chance. ........... most Americans don’t want a Trump Republican budget that slashes Medicaid, food stamps, and child nutrition in order to make way for a giant tax cut mostly for the wealthy. ......... Most don’t want tariffs that drive up the prices they pay for food, gas, housing, and clothing. Most understand that tariffs are taxes paid by American consumers. Most don’t want a government of, by, and for billionaires. Most believe in democracy and the rule of law and don’t want Trump trampling on the Constitution, acts of Congress, and federal court orders. ......... The nation is in clear and present danger. Democrats must stand up for American ideals at a time when the Trump regime is riding roughshod over them.