New York Mayor Mamdani Pursues Tax Increases on Wealthy and Corporations

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Nearly one year after winning the November 4 mayoral election on a platform of increased social spending, New York Mayor Zohran Mamdani continued his push for higher taxes on the city's wealthiest residents and most profitable corporations. Mamdani, a self-described democratic socialist, has already secured a surcharge on high-end second homes as part of…

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