Saturday, April 18, 2026

NYC Mayor Mamdani Announces First-Ever New York 'Tax the Rich' Plan

NYC Mayor Mamdani Announces First-Ever New York 'Tax the Rich' Plan

New York City Mayor Zohran Mamdani used Tax Day to unveil an annual tax on high-value properties owned by people who do not live in the city full-time, framing the measure as part of his broader effort to raise taxes on wealthy residents and property owners.

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