Mamdani wants to change the tax code. Here’s what that could look like.

New Year, a new mayor and possibly a slate of new taxes for corporations and New York City’s top earners.

Zohran Mamdani has promised New Yorkers free and fast buses, along with free childcare for all children from 6 months of age to five years old.

And he hopes to pay for them with an increase to the state’s corporate tax rate for large companies and additional income tax for the relatively small slice of New Yorkers earning over $1 million…

Story continues

TRENDING NOW

LATEST LOCAL NEWS