Hochul peeved by Mamdani’s ‘tax the rich’ demands as he claims NYC faces $12B budget hole: ‘Fabricated crisis’

Kath is mad at Zoh’s tax math.

Mayor Zohran Mamdani’s “tax the rich” refrain is getting on Gov. Kathy Hochul’s nerves — with sources saying she views his warnings that the city faces a $12 billion budget hole as an underhanded ploy to push his socialist dreams.

Hochul’s circle believes the sky-is-falling fiscal forecast outlined by Mamdani during a Wednesday address — in which he once again called on the governor to hike taxes — underestimates revenues coming into the city from generous Wall Street bonuses, insiders said…

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