New York City Mayor Zohran Mamdani said Tuesday the city may have to raise property taxes to close a multibillion-dollar budget deficit. The warning came as Mamdani unveiled a $127 billion city budget. According to Bloomberg, the mayor said the tax hike would be necessary if state lawmakers in Albany...
New York City Mayor Zohran Mamdani said Tuesday the city may have to raise property taxes to close a multibillion-dollar budget deficit. The warning came as Mamdani unveiled a $127 billion city budget. According to Bloomberg, the mayor said the tax hike would be necessary if state lawmakers in Albany…
