politics @lemmy.worldEnglish · 1 month ago

Mayor Mamdani says he has balanced NYC's budget, will not raise property taxes - CBS New York

www.cbsnews.com

cross-posted to:
nyc@lemmy.world

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Mayor Mamdani says he has balanced NYC's budget, will not raise property taxes - CBS New York

www.cbsnews.com

slothrop@lemmy.ca to

politics @lemmy.worldEnglish · 1 month ago

cross-posted to:
nyc@lemmy.world

Mayor Mamdani says he has balanced NYC's budget, will not raise property taxes

www.cbsnews.com

New York City Mayor Zohran Mamdani said Tuesday his team has balanced the budget, closing a gap of more than $12 billion that he says he inherited.

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Yes they exchanged a tax that increases per square foot for a tax that increases based on income.

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