politics @lemmy.worldEnglish · 16 hours ago

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

www.cbsnews.com

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

www.cbsnews.com

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politics @lemmy.worldEnglish · 16 hours ago

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 New York City's budget, closing a budget 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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