Mamdani floats increasing New York City property taxes as part of $127B budget plan

The mayor says increased property levies could be harmful but argues they’ll be necessary if the state doesn’t enact a new tax on millionaires.

Black News Black News
Feb 17, 2026 - 21:16
Mamdani floats increasing New York City property taxes as part of $127B budget plan
The mayor says increased property levies could be harmful but argues they’ll be necessary if the state doesn’t enact a new tax on millionaires.
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