#nyc-budget-crisis

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#progressive-taxation #state-local-authority #fair-share-act #income-tax-policy #tax-the-rich
NYC politics
from710 WOR
1 day ago

22 NYC Council Members Push To Tax Millionaires | 710 WOR

Twenty-two NYC Council members urge state lawmakers to pass the Fair Share Act, enabling a 2% income tax on residents earning over $1 million to address the city's $5.4 billion budget deficit.
US politics
fromIntelligencer
4 days ago

Mamdani's Surprisingly Moderate Start

New York City faces a $12 billion budget gap, prompting calls to tax the wealthy and profitable corporations amid political tension with Governor Hochul.
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