
NY Lawmakers Push Tax Hikes on Wealthy, Corporations
New York City News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
New Yorks state Assembly and Senate propose tax hikes on the wealthy and corporations, aiming to generate billions for New York City. Governor Hochul opposes the idea, while Mayor Mamdani supports it. The plans also include utility rebates, increased school funding, and stricter social media rules. Both chambers will vote on their budget resolutions Thursday, with a March 31st deadline.
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