Leave your feedback Share Copy URL https://mypepack.gophersport.com/video/?vid=NmLabMNhsxS 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? [yuywjw3LAn5] Health Updated on August 10, 2026 EDT — Published on August 10, 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. 2J8ppKEReXT 6MZSq0nPq8m SS8ll16K1re M0NZR9yfiAi
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. 2J8ppKEReXT 6MZSq0nPq8m SS8ll16K1re M0NZR9yfiAi