Mamdani Threatens 9.5% Property Tax Increase if Wealth Tax Is Not Passed
Taxes,Personal Taxes,Wealth Tax,Zohran Mamdani,New York City,Budget,Property Taxes
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Mayor Zohran Mamdani on Tuesday proposed to raise property tax rates in New York City by nearly 10 percent, a measure he is preparing as a "last resort" to be deployed if he cannot persuade Gov. Kathy Hochul to raise income taxes on the wealthy.
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