Press "Enter" to skip to content

Posts published in “Taxation”

Mamdani Wants to Tax the Rich. Can He Persuade State Leaders?

After an impressive victory, Mayor-elect Zohran Mamdani now must find funds for his programs. His push for higher taxes puts Gov. Kathy Hochul, who faces a re-election fight, in a tough spot. Source: New York Times

Finally, the State Has a Budget Deal

The agreement would allow judges to impose bail in more cases, give the biggest subsidy ever to an N.F.L. team and add billions for child care. Source: New York Times

Kathy Hochul Unveils Record $216 Billion Budget Plan for NY

Gov. Kathy Hochul unveiled a record-setting new budget plan, as state officials project balanced budgets through 2027, with none of the typical warnings of billion-dollar shortfalls. Source: New York Times

Kathy Hochul Gives Her First State of the State Speech

Gov. Kathy Hochul pledged $10 billion to boost the state’s decimated health care work force, proposed a new transit line, and directed funds to combat gun violence. Source: New York Times