Democrats have a love-hate relationship with rich people. On one hand, they love the billions of dollars they pay in taxes and see them as a font of even higher taxes for purposes of wealth redistribution. On the other hand, they act like they hate billionaires for purposes of fomenting class warfare in their quest for more political power.

In New York City, Mayor Zohran Mamdani released a campaign video in late April announcing a new tax he wants on people who own expensive second homes in the city. But rather than simply making his case to further soak the rich, Mamdani shot the video outside the home of billionaire hedge fund manager Ken Griffin, and told viewers that Griffin’s home was behind him. Griffin can be forgiven if he finds it unsettling when a Socialist calls him out by name and his home by address in a campaign video.

Mamdani’s video is among the latest salvos in the left’s ongoing attack on billionaires. The tactic was perfected of late by Sen. Bernie Sanders (I-VT) and U.S. Rep. Democrat Alexandria Ocasio-Cortez (NY-14), who launched their Fight Oligarchy campaign in a series of joint appearances beginning in 2025. A reporter for KTVU News described the response to their Los Angeles........

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