Economics ❯ Public Finance ❯ Budgeting ❯ Fiscal Policy

Tax Policy

Hochul and Mamdani Propose NYC Surcharge on $5 Million Second Homes

The plan still needs state budget approval before any bills go out.

Backlash Grows to Mamdani’s $127 Billion NYC Budget and 9.5% Property‑Tax Threat

NYC Budget Standoff: Mamdani Seeks Albany Tax Hikes or 9.5% Property Tax Increase