Mayor Zohran Mamdani issued Gov. Kathy Hochul a stunning ultimatum Tuesday while unveiling his $127 billion budget proposal – tax the rich or he’ll raise property taxes by nearly 10%. The eye-popping ...

Mamdani has shown desire to keep strong ties with New York's governor—but he's now putting pressure on her over a "rich tax." ...

The leader of the city’s top business advocacy group warned Sunday that Mayor Zohran Mamdani’s tax-hike crusade is already scaring away investors. Steve Fulop, CEO of the Partnership for the City of ...

Mayor Zohran Kwame Mamdani has unveiled a $124.7 billion Executive Budget for fiscal year 2027 that will reshape how New York City spends money on housing, public safety, child care, transportation, ...

Mayor Zohran Mamdani put forth a $124.7B balanced budget on Tuesday, nearly two weeks late due to state budget delays. After months of negotiations and a wide range of proposals on how to close a $5.4 ...

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The New York City mayor's pied-à-terre tax on second homes has become his latest policy to face legal challenges.

The average one-bedroom apartment in Manhattan costs over $5,000 each month. It isn’t because of landlord greed — it's a policy failure. On May 20, socialist Mayor Zohran Mamdani proposed a solution ...

Forbes contributors publish independent expert analyses and insights. Nathan Goldman is a tax prof. at NC State Univ. This voice experience is generated by AI. Learn more. This voice experience is ...