Report: NYC Mayor Mamdani signals he’s ‘highly unlikely’ to go through with property tax hike
Five weeks after floating the tax increase, the mayor appears to be retreating from the plan, according to a report.
Mamdani pushed combined $23B worth of new NYC taxes in just his first 100 days
The past 100 days have been a taxing experience. Mayor Zohran Mamdani has backed new taxes during his short time in office ...
Mayor Zohran Mamdani, NYC Council Speaker Julie Menin clash over budget
Tensions are simmering between New York City Mayor Zohran Mamdani and City Council Speaker Julie Menin over the city budget.
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Mamdani’s push to ‘tax the rich’ could make sense for NYC, fiscal analysts say, despite Hochul opposition
Economists at the Groundwork Collaborative (GWC) say Mayor Zohran Kwame Mamdani’s proposed millionaire tax is a financially ...
NYC Council budget plan averts Mamdani property tax hike, avoids tapping reserves
The Council’s plan outlines revised estimates and efficiencies it says would balance the books without the measures Mamdani ...
Council says it closed NYC budget gap without property tax hike
The New York City Council says it found $6 billion to close the city budget gap without increasing city property taxes. Mayor ...
Council calls foul over Mamdani’s budget — pushes own spending plan with no tax hikes
Amid a serious affordability crisis impacting New Yorkers across the city, the Council has a responsibility to act as a ...
NYC business leader warns exodus is brewing over Zohran Mamdani’s tax hike crusade: ‘Exploring options’
The head of an influential Big Apple business advocacy group warned that companies are already taking steps to relocate or ...
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Mayor Mamdani threatens hike to NYC property taxes
NEW YORK CITY (PIX11) — Mayor Zohran Mamdani has proposed increasing property taxes by 9.5% in New York City to close a major budget gap. It’s one of few tax levers in the city’s control, set each ...
Zohran Mamdani celebrates ‘pothole politics’ in a raucous rally marking 100 days as NYC mayor
Having just marked his first 100 days as New York mayor, Zohran Mamdani told a roaring crowd of supporters, city workers and ...
The New York Times
Mamdani Is Quietly Backing Away From a Threat to Raise Property Taxes
The mayor has left lawmakers with the belief he does not plan to pursue an unpopular property tax increase, as he looks to close a budget gap of $5.4 billion over two years. By Sally Goldenberg ...
NY Dems pushing to raise corporate tax rate to bail out Mamdani’s massive deficit: ‘There’s a huge appetite’
New York state Democratic lawmakers are pushing to raise the corporate tax rate on businesses to help bail out Mayor Zohran ...