In unusual alliance, Mamdani and Menin press Hochul to reduce a tax credit benefitting millionaires

Hochul shot down the proposal, leaving the mayor and Council speaker without a clear path forward for the city budget.

Mayor Mamdani, Speaker Menin agree to delay budget, but Gov. Hochul rejects new tax proposal

Mamdani and Menin want Hochul to reduce the Pass-through-entity tax, or PTET, from 100% to 75%, which they framed as a ...
Gothamist

Mamdani and Menin pressure Hochul for another tax on the rich

In a rare moment of unity, the mayor and Council speaker called for reform of a tax credit that they said mostly applies to people making more than $5 million.
FOX 5 New York on MSN

Mamdani and Menin ask for budget help as fiscal strain deepens

The two leaders called on state lawmakers to deliver more funding and approve changes that could bring in nearly $1 billion ...