{"id":1666519,"date":"2026-02-25T23:30:00","date_gmt":"2026-02-26T04:30:00","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1666519"},"modified":"2026-02-25T23:30:00","modified_gmt":"2026-02-26T04:30:00","slug":"you-owe-us-is-the-mantra-of-the-left-3","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/you-owe-us-is-the-mantra-of-the-left-3\/1666519\/","title":{"rendered":"“You Owe Us” Is The Mantra Of The Left"},"content":{"rendered":"

“You Owe Us” Is The Mantra Of The Left<\/span><\/p>\n

\n

Via The Daily Signal,<\/em><\/a><\/p>\n

This is a lightly edited transcript of a segment from today\u2019s edition of \u201cVictor Davis Hanson: In His Own Words\u201d from Daily Signal Senior Contributor Victor Davis Hanson. Subscribe to Hanson\u2019s own\u00a0<\/em>YouTube channel<\/em><\/a>\u00a0to watch past episodes.<\/em><\/p>\n

<\/a><\/em><\/p>\n

Sami Winc:<\/strong>\u00a0Two things that came together for me. One was\u00a0[New York City Mayor Zohran] Mamdani\u2019s\u00a0<\/a>9.5% increase in the property tax for New Yorkers, but not that alone. I\u2019m sure our audience has read about that. But I was looking at Power Line. I always like to give a shout-out to them because they have some great articles, and they were comparing New York State\u2019s budget versus Florida\u2019s budget.<\/em><\/p>\n

And they came up with, well, it\u2019s only half at the state level. So, I thought, well, let\u2019s look at the city level,\u00a0New York City\u00a0<\/a>versus Miami. And while the billions that each of them has to spend is not meaningful in and of themselves. So, for example, New York City\u2019s budget is $127 billion while Miami\u2019s is only $3.4.<\/em><\/p>\n

But that being said, per citizen, what has to be paid into these cities? And so, for Mamdani, each of his citizens has to pay $14,431 in for his budget. And in Miami, it\u2019s just half of that, at just under $7,000 per citizen.<\/em><\/p>\n<\/p>\n

Victor Davis Hanson:\u00a0<\/strong>And it\u2019s more disproportionate because in New York, the number of people who are actually paying taxes is a much smaller percentage than in Miami.<\/strong><\/p>\n

He inherited the city that was this blue-chip financial market, this cultural, financial capital of the world, and the first thing he did was raise spending by $11 billion.<\/p>\n

Second thing he did was prove that he couldn\u2019t get the trash or the\u00a0snow off the street<\/a>\u00a0during the storm.<\/p>\n

Third thing he did, it was very hard to find an appointee who somewhere in their dark history had not issued or written something antisemitic.<\/p>\n

All he does is smile and try to be \u2026 basically, his message is: I\u2019m not Lenin, and Trotsky or Stalin. <\/strong><\/p>\n

I\u2019m the\u00a0nice, happy-faced communist<\/a>, and you\u2019re going to like me, and you\u2019re going to like my communism. We\u2019re all going to get along.<\/p>\n

I mean, if you\u2019re in New York, if you\u2019re in California, you got a choice.<\/p>\n

If you\u2019re in California and this billionaire tax passes, and you\u2019ve got to come up with $50 million, you\u2019re going to flee. If you\u2019re in New York, and they\u2019re going to raise your property tax on these multimillion-dollar buildings, you\u2019re talking what could be $20 or $30, $40, $50 million more a year, then you\u2019re going to flee, get out.<\/strong><\/p>\n

If you don\u2019t, they\u2019re just going to keep doing it.<\/p>\n

They\u2019re going keep targeting you because they have an idea. I don\u2019t think people realize that.<\/p>\n

The socialist mind \u2026<\/strong> I knew a lot of socialists in the universities and some friends of mine, and they always think…<\/p>\n

The\u00a0whole core of socialism<\/a>\u00a0is, I work hard, and no one knows how I suffer at my job as a nurse, as a farmer, whatever. And I believe in the labor theory of value.<\/p>\n

Why is it that when Victor had a Ph.D. but he was pruning vines, he was only making $4 an hour\u2014I was for three years\u2014and then all of a sudden, five years later, he is an academic, and he is sitting in between classes and having coffee and he\u2019s making $50 an hour. That\u2019s not fair.<\/p>\n

And so, they don\u2019t think about supply and demand, expertise, education, nothing<\/strong>.<\/p>\n

And somebody would say, \u201cWell, when Victor was pruning vines, a lot of people could not only prune them, they could probably prune them better.\u201d<\/p>\n

When he was teaching a particular Greek literature class, and they thought that was an important class to offer. Questionable, but that\u2019s what they said. Very few people could do it. They don\u2019t accept that.<\/p>\n

And so, they run on this envy that we work hard, and we get up, and we do things, and therefore we should be compensated.<\/strong><\/p>\n

And that\u2019s what a socialist is, and they\u2019re going keep raising taxes.<\/p>\n

The other thing about it is, when they raise taxes, they don\u2019t ever say thank you.<\/strong>\u00a0<\/p>\n

California Gov. Gavin Newsom<\/a>, Rep. Nancy Pelosi, even former Sen. Dianne [Feinstein], they\u2019re all wealthy, but they never said, \u201cWe want to thank the people in California that are the 1% that are paying 50% of the income tax.\u201d<\/strong><\/em><\/p>\n

And by the way, the 50% of the income tax in California, there\u2019s only about, I don\u2019t know what there is, 250 billionaires? They usually pay capital gains tax. They pay at about, I don\u2019t know, 28%. The people in that 1% of Californians are highly compensated professionals and small business-people who make a million or two million, three million dollars, and then they get hit with a 13.3% tax rate, plus their federal plus Medicare.<\/p>\n

So, they\u2019re paying 55% of their income and nobody ever says, \u201cThank you for doing that, you people, we have a very skilled elite that allows us to have this huge budget.\u201d <\/strong><\/em><\/p>\n

They don\u2019t.<\/p>\n

The attitude is always, \u201cThey have to. They have to pay more.\u201d<\/p>\n

I remember in 1991 there was a fiscal crisis in California and the state was broke.<\/strong><\/p>\n

Well, it\u2019s always broke. It always has a deficit, but this was a really bad deficit. So, they decided to go after all state agencies, and one of them was the California State University system. In the past you always could lay off part-time lecturers. But then they got the idea, we exploit those people so well. We pay them so little that by laying them off\u2014we really reduce about 40% of our classes, which are big money earners. And they don\u2019t cost us anything. We exploit them. No benefit. But the ones that really are the high-priced assets, if you\u2019re going to go after budget cuts, are the tenured full professor, top step in fields that we feel are not essential.<\/p>\n

I disagreed with that. So they started laying off Russian professors, classics professors\u2014I was on leave that year\u2014dance professors, which was bad. It was really bad. But when you listen to them, and I knew them very well, they\u2019d say, \u201cWell, these people can pay. Why aren\u2019t we taxing more? Why don\u2019t we raise taxes?\u201d<\/strong><\/em><\/p>\n

I said, \u201cWe already have the highest income tax.\u201d Well, they have a lot of money, or they wouldn\u2019t be able to pay what they do. But they never made the connection that their job was dependent on somebody being willing. So, they had just contempt for the people that were already paying their salaries.<\/p>\n

And some of these classes had three and four people in them. But it was just outrage. It was never, \u201cWhy don\u2019t we cut our expenses and save the taxpayer?\u201d It was always, \u201cAh, they owe us. They owe us.\u201d And that\u2019s the attitude of the Left.<\/strong><\/p>\n<\/div>\n

Tyler Durden<\/a><\/span>
\nWed, 02\/25\/2026 – 18:30<\/span><\/p>\n

\u200bhttps:\/\/www.zerohedge.com\/markets\/you-owe-us-mantra-left<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

“You Owe Us” Is The Mantra Of The Left Via The Daily Signal, This is a lightly edited transcript of a segment from today\u2019s edition…<\/p>\n","protected":false},"author":0,"featured_media":1666513,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1666519","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1666519","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1666519"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1666519\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media\/1666513"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1666519"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1666519"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1666519"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}