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Mamdani property tax hike would lead to rent increases, experts warn

Taxes,Personal Taxes,Wealth Tax,Zohran Mamdani,New York City,Budget,Property Taxes

New York Post (News)
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Mayor Zohran Mamdani's proposed 9.5% property tax hike amounts to a declaration of "war" against homeowners — and would inevitably lead to higher rents for New Yorkers, housing industry officials warned Tuesday.

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