NYC Residents Prefer Taxing Rich Over Property Taxes
Fort Wayne News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
New Yorkers Favor Taxing Rich Over Property Taxes: A new poll reveals that a majority of New Yorkers support taxing the citys wealthiest residents to close a budget gap, rather than raising property taxes for everyone. Mayor Zohran Mamdani proposes a two percent income tax increase on those earning over $1 million and a corporate tax rate of over 22%. The plan is popular among Democrats and city voters, but faces opposition from Republicans and those outside the city.
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