Mayor Zohran Mamdani was pressed Wednesday about his now very public disagreement with Gov. Kathy Hochul over taxes.
Despite opposition from Hochul, Mamdani told reporters during a press briefing he still believes “now is the time to increase taxes on the most profitable corporations that do business in New York and the wealthiest residents that call the city home.”
What You Need To Know
- Mayor Zohran Mamdani renewed his call for higher taxes on the highest earners in the state Wednesday, claiming the city needs that funding
- Gov. Kathy Hochul said Tuesday she does not plan to raise taxes
- Mamdani also announced new rules prohibiting hotel operators in the city from charging so-called “junk fees,” as well as unexpected credit card holds
- The city says DCWP received over 300 complaints from consumers related to hidden hotel fees or unexpected holds in 2025
Taxing the rich to pay for universal childcare was a signature campaign issue for Mamdani, however those tax hikes would have to be approved by state lawmakers…