Leave your feedback Share Copy URL https://mypepack.gophersport.com/video/?vid=8CGUlLKAUeB Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter Businesses & Billionaires: Will Mayor Mamdanis new budget plan drive them out of NYC? [WSp7gKdPEXn] Health Updated on August 06, 2026 EDT — Published on August 06, 2026 EDT New York City Mayor Zohran Mamdani unveiled a new budget that taxes the rich, forgoes a property tax hike, and depends on the generosity of Gov. Kathy Hochul to fill a budget gap Mamdani called historic. The mayor was unrepentant in his determination to tax the rich and create a city that is more hospitable to working New Yorkers. The lingering question is whether it will drive businesses out and hurt the tax base. t1AagYRUIpp lJC7pDTQ0sX jB3v8ykBVTW gM2qIyVN96l 1CfMQp9HEL1 s8nTZImnWhQ
New York City Mayor Zohran Mamdani unveiled a new budget that taxes the rich, forgoes a property tax hike, and depends on the generosity of Gov. Kathy Hochul to fill a budget gap Mamdani called historic. The mayor was unrepentant in his determination to tax the rich and create a city that is more hospitable to working New Yorkers. The lingering question is whether it will drive businesses out and hurt the tax base. t1AagYRUIpp lJC7pDTQ0sX jB3v8ykBVTW gM2qIyVN96l 1CfMQp9HEL1 s8nTZImnWhQ