New York's Fiscal Reality and Hochul's Warning

This is The Briefing, a daily analysis of news and events from a Christian worldview.
On today’s edition of The Briefing, Dr. Mohler discusses the political theater between Trump and Mamdani, tax policy in New York, Christianity and economics, and why Tesla’s shareholders agreed to a $1 trillion salary package for Elon Musk.
Part I (00:14 – 14:25)
Political Theater Between Mamdani and Trump: When It Comes to Policy, the Issues Matter, Not the Cameras – and Both Men Know It
Part II (14:25 – 15:50)
The City of New York and Tax Policy: Gov. Kathy Hochul Knows That Zohran Mamdani’s Economic Policies Would Be Disastrous for NYC and the State
Part III (15:50 – 21:48)
Christianity and Economics: The Christian Worldview Honors the Link Between Investment and Reward and Labor and Reward – Breaking That Link is Dangerous

• The California Campaign to Introduce a First-of-Its-Kind Billionaire’s Tax by The Wall Street Journal (Laura J. Nelson and Paul Kiernan)

Part IV (21:48 – 28:03)
The Largest Salary Package in Human History: Why Would Shareholders Agree to a $1 Trillion Pay Package for Elon Musk?

• Musk Wins $1 Trillion Pay Package, Creating Split Screen on Wealth in America by Musk Wins $1 Trillion Pay Package, Creating Split Screen on Wealth in America The New York Times (Rebecca F. Elliott, Jack Ewing, and Reid J. Epstein)

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