Government ❯ Politics ❯ Public Policy ❯ Fiscal Policy

Taxation

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

He seeks state authorization to raise taxes on top earners to shrink a $5.4 billion hole in his plan.

Mamdani Presses Tax Hikes to Close NYC’s $12B Gap, Warns of Cuts if Albany Won’t Help

Reeves’ Autumn Budget Raises £26 Billion in Taxes, Ends Two‑Child Cap