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Would Raising Taxes on the Richest New Yorkers Drive Them Away? from THE CITY - All RSS feed.

Would Raising Taxes on the Richest New Yorkers Drive Them Away?

Mayor Zohran Mamdani explains his first preliminary budget during a City Hall press conference,

New York imposes among the highest taxes in the country, and that’s especially true for city dwellers, who are hit by additional local taxes. And those taxes may climb further, as Mayor Zohran Mamdani and Gov. Kathy Hochul continue to feud over whether to raise taxes and how.  Mamdani’s preference is to raise income taxes […]

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